Short-Term OILU Trade
Entry: 17.50 pullback & 19.15 breakout
Stop Loss: 16.90
Exit: ~21.85. ~24.60 if you think USOIL will hit $59
Stop Loss: 16.90
Exit: ~21.85. ~24.60 if you think USOIL will hit $59
Trade ativo
The low ended up being 17.67. My buy-order was set at 17.55 so just barely missed it. My entry ended up being 17.80. Lesson learned: Be a smidge more conservative with my limit-entry orders.
Trade fechado: stop atingido
Nota
Was off by about a week on this trade. Did it not do exactly as I drew it though?After it corrected, one should've bought into the double bottom and below 16.6, thats the bargain zone. The goal is to hit the bargain zone during consolidations.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.