Long WTI Crude, Spike Low reversal.
I think the bottom may be in @ 65.66.
I have a long position from the falling wedge on the 1 min timeframe, which bottomed at $65.66.
Also an Inverted H&S pattern 5 min timeframe.
Bullish candle confirmed from the 1 hour timeframe close.
Lets see how the 4hr finishes and daily timeframes finish! Inside bar maybe?
I have a long position from the falling wedge on the 1 min timeframe, which bottomed at $65.66.
Also an Inverted H&S pattern 5 min timeframe.
Bullish candle confirmed from the 1 hour timeframe close.
Lets see how the 4hr finishes and daily timeframes finish! Inside bar maybe?
Trade active
Added a second small position @ $68.103 SL @ $67.25Trade active
Adjusted 2nd position SL to break even.Trade active
2nd position stop loss triggered, break even trade. 1st position still open.
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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.