TECHNICAL LONG OIL. TINY STOP. GOOD RISK REWARD.

A good opportunity has presented itself for a long trade in oil.

A mid term trade, from a nice level. First take gives us a roughly 2:1 risk reward and I will be closing half of my position there.

Next take is at the first big resistance level. I will close my entire position there.

The stop is very short, yet, pay attention, to that it is not ON the level, but slightly BELOW the level.

Avoid simple mistakes.

Wish you luck!

Yorum:

take 1 reached!