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breakoutfakeout

US OIL double bottom. Big pump up?

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CFDs di Minyak Mentah WTI (TVC:USOIL)  
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TVC:USOIL   CFDs di Minyak Mentah WTI
Trend Analysis Chart Patterns Technical Indicators Crude Oil WTI Crude Oil uscrude Oil oiltrading oilprice WTI wticrude wticrudeoil
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trendanalysis chartpattern indicator usoil crudeoil uscrude oil oiltrading oilprice wti wticrude wticrudeoil
US crude posted a nice double bottom on the 15 min chart after the expected fakeoutbreakout (see other post). After taking some nice short profits on that trade this was a great long already netting some quick profits with huge momentum as we moved back into the triangle.

I'm holding 30% of position for a move higher. Will look to add again on pullbacks. Daily chart is showing a buy signal
Komen:
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About me: I'm a retail day trader (trading since 1993). Most ideas here are for short time frames and become profitable quickly. I take profits fast as things change fast. 1-2-1 mentoring sessions available.




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