30min TF overview
🛢 WTICOUSD – Buy-Side Trade
📅 Date: Thursday, 24th April 2025
🕘 Time: 9:00 AM (New York Time)
📍 Session: London AM
📊 Entry Timeframe: (5m)
Trade Parameters
Entry Price: 63.238
Take Profit: 66.619 (+5.54%)
Stop Loss: 63.036 (–0.32%)
Risk-Reward Ratio (RR): 16.74
Reasoning - Narrative
This WTI Crude Oil long trade was initiated during the London AM session, a time when commodity markets often see increased activity and institutional positioning. The trade followed a sharp reaction off a discounted price zone, which aligned with a previously unmitigated bullish order block on the intraday chart.
Before entry, price performed a liquidity sweep below 63.10, triggering stops from earlier long positions and clearing out sell-side pressure
Trade closed: stop reached
Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.