Oil - Pullback Trade
Dear traders..., it looks like there is potential for crude oil to pullback to some upside...
Placing a small Long trade on this for now... (Price could go slightly down & reverse, or it will just start reversing from here...)
*Target is not cast in stone; I'll be prepared to take profits... (It is hard to try to predict the next thousand pips move; this trading method is only useful for predicting like the next 50 - 100 pips move... It is actually more ideal/suitable for shorter-range scalping actually, but it worked surprisingly well for longer time-frame predictions too; albeit shortsighted though...)
I hope this trade might not be "too impatient"; because I'm not sure if the price would like to test the bottom MA of the BB (bluish/green color)... So risked small now...
Best regards.
Placing a small Long trade on this for now... (Price could go slightly down & reverse, or it will just start reversing from here...)
*Target is not cast in stone; I'll be prepared to take profits... (It is hard to try to predict the next thousand pips move; this trading method is only useful for predicting like the next 50 - 100 pips move... It is actually more ideal/suitable for shorter-range scalping actually, but it worked surprisingly well for longer time-frame predictions too; albeit shortsighted though...)
I hope this trade might not be "too impatient"; because I'm not sure if the price would like to test the bottom MA of the BB (bluish/green color)... So risked small now...
Best regards.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.