closing 51.50 going to sleep GL I'm bulish oil but It looks retrace time stop moved to 53.10
update Long 51.87 Sl 51.28 STAY LONG FOR 55.41 closing..and stay away oil looks bulish Buy stop order 51.87 Minimum target 52.75 Potential 55.41 in the card
entry 57.43 (near) tg 59.2 stop 56.9 Minimum target 59.11
Only for self study.. The Descending Broadening Right Angle is a bullish reversal pattern. The classic strategy: Entry: Take a long position at the breakout of the resistance Stop: The stop is placed below the resistance line Target: Theoretical target of the pattern Advantage: The target of the pattern is often reached (90% of cases) and pullbacks are not...
Take long position on breaking resistance (Hourly closing above 50.01) STOP : BLOW BREAKING BAR(4HOUR) TG 1 50.78 TG 2 51.49