My opinion about USOIL on 04/08.

Güncellendi
Hi friends, here my daily analytics for USOIL .

The 0.5 fibo coincides with a strong support.
The actual price is caught between the 25.3 resistance and the 24.1 support. But i think that you should long, if a big short is possible in next days, the price will test the 0.786 before it.

Entry price 24.1
Stop loss 23.6 (-50 pips)
Take profit 1 : 25.3 (120 pips)
Take profit 2 : 27 (290 pips)

Please give me advices to progress, i'm a young engineering student who loves economy.

If you have your own opinion or thoughts about current market situation, feel free to write it in comment below !
Not
Secure by changing the sl at the entry price
İşlem aktif
First Take profit hit ! I closed half of my position at 26 and put my sl 25.
İşlem kapandı: hedefe ulaştı
Take profit hit !! For those who didn't put any one, you can put the sl at 26.6 and let it flow until the profits are right for you !!
Please support my work by liking my analysis on commenting it !
Trend Analysis

Feragatname