Crude Oil View - 22 December 2023

Güncellendi
Earlier, we had taken a long trade on crude oil based on trends. Now, a slight pullback is expected. I've marked the levels I'm playing with and my position.

6200 has been rejected many times already, and expecting it to be rejected this time as well.

The targets are not much. I'm expecting only 3-4% in profit and -2% loss at max. Manage risk accordingly.
İşlem aktif
Respect SL. My option SL is not hit yet so my trade is still active
Not
This was a better entry than earlier
Not
A 5 min closing above I'll accept the loss and exit
İşlem kapandı: durdurma seviyesi
Closed the trade
İşlem aktif
Reentering. Choose appropriate SL and Targets
Not
Back to green, but a very small amount.
İşlem kapandı: hedefe ulaştı
Not
Expecting it to reach 6200 again
Crude OilcrudeoilanalysisMCXmcxcrudeSupply and DemandSupport and ResistanceTrend Analysis

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