OIL, can make pullback down to $50 (key buy zone)

Updated
I will open Sell if there will be a fake broke of $53.19 and H1 will close under that level

- Price broke down a key level $53.95
- H4 candle close under it.

If OIl will move down to $50, there could be a great entry with a goal $55 or $ 57.
Note
the best scenario for OIL
snapshot
Note
$51.10 is a good goal
snapshot
Note
Price near a key level
Wait on confirmation
Trade active
Note
snapshot
Note
Price moved 60 pips down.

Close 25% of the position
Move S/L to $53.39
Note
Price moved down 110 pips. We can close half of position
Trade closed: target reached
closed whole position with profit
Chart PatternsOiloilpriceoiltradingTrend AnalysisusoillongWave AnalysisWTIwticrude

Get access to the private club with VIP signals
👉 bit.ly/vip_bikotrading

🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy

🔷YouTube 👉 bit.ly/YouTube__Lessons
Also on:

Related publications

Disclaimer