US OIL, Trading Plan.

Güncellendi
US Oil approaching a very important key level $50.046

I wait how price will react on that level that why I have 2 trading scenarios at this moment.
1. Open buy if the price will break up $50.046 and fix above it.
2. Open Sell if the price will make fake broke of $50.046 and close under key level.

Under I will write more about 2 scenarios separately.
Not
1st Scenario I will open buy if the price will break up $50.046 and H4 or D1 candle will close above it. That will be a proper signal to open entry with goals $53.80 and $57.20

anlık görüntü
Not
2nd scenario

Open Sell if the price will make a fake broke of $50.046 and H4 or D1 candle will close under key level.

anlık görüntü
Not
Just wait when the price will come to key level
Not
anlık görüntü
Not
Oil approaching key level.
I wait for confirmation.

anlık görüntü
Not
Price broke up key level
I set buy limit order

anlık görüntü
İşlem aktif
Not
Price moved up 70 pips.
Close 30% of position.
Not
Price moved up 100 pips. You can move S/L into breakeven.
Also, it is better to close 50% of position and hold rest till T/P without any risk.
İşlem kapandı: hedefe ulaştı
Price hit 1st take profit
İşlem kapandı: hedefe ulaştı
2nd T/P hit
brentoilChart PatternsEURUSDForexOilTrend AnalysisCrude Oil WTIWave AnalysisWTIwticrude

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