Triangle formation, willTVC:UKOIL CURRENCYCOM:OIL_BRENT break the triangle and move upward. Stop Loss at 40.00. Initial trade today at BUY at 40.80 stopped at 40.30.
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Trade is active, Entry level 40.72, Target at 43.00, Stop Loss at 40.00
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BRENT hit 42.00, and then now back to 40.30. So the break was there, but the target of 43.00 was too aggressive.