USOIL is going though a pullback phase, currently at 50% retracement and at 3.3 days' average price. Bears gapped down the grey shaded area around 6950, as long as the bullish gaps below are still open, bullish continuation has better odds. Upon closing higher than 6950 gap area, entering long with stops below 6920 seems reasonable, 2R-3R targets ahead.
Dagangan aktif
Gap tested, the price is above but not closed this 30M candle yet. Stops below 6920 & 2R-3R targets ahead. $400 Risk here per 1000bbl.Dagangan ditutup: hentian tercapai
Price dipped below 6920, but there’s no clear breakout either way. Upon confirmation, re-entering long.Dagangan aktif
Re-entering here, stops below 6915Dagangan ditutup: hentian tercapai
Stop reached. 80 ticks loss on those two tries.Dagangan aktif
Another try .57 stop .41Dagangan ditutup secara manual
Closed +26 ticksNota
Dagangan aktif
In .45 SL .23Dagangan ditutup: sasaran tercapai
+27 ticksNota
Most probably price will go higher after clearing out the buyers' stops and trapping some bears. It was one of those "tricky days" and to be coming out with 27 ticks loss all in all while being on the wrong side is not that bad. Being flexible with closing and re-entering is very important. Looking for a long entry here.Dagangan aktif
In .70 SL .47Dagangan ditutup: hentian tercapai
-25 ticksDagangan aktif
In 6811 SL 6787Dagangan ditutup secara manual
+25 ticksDagangan aktif
There is a breakoutNota
Price is above the entry level. Potentially even higher the upcoming days.Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.