USOIL SHORT
Trade (1)
Entry Type : Market Sell @ 57.15 w/ candles stick confirmation
Stop Loss : 57.50 T
Take Profit : 55.00
R/R : 6.14
R/R % : .37% / 2.27%
Trade (2)
Entry Type : Limit Sell @ 57.30
Stop Loss : 57.50
Take Profit :55.00
R/R : 11.25
R/R % : .37% / 4.16%
Technical Analysis: We can see price action has formed and stayed within an ascending channel. As expected price action has retested the top of the channel and had declined upon doing so. I am now expecting a slight bullish pullback into the 55.15 - 55.30 range (61.8 - 71.0 Fibonacci Levels) where I will look to executive a manual position when receiving a candle stick confirmation as well as a limit sell order at the top of the range. My stop loss is above a minor resistance as well as the 78.6 Fibonacci level meanwhile my take profit is placed slightly past the -61.8 Fibonacci level at the 55.00 psychological target.
Entry Type : Market Sell @ 57.15 w/ candles stick confirmation
Stop Loss : 57.50 T
Take Profit : 55.00
R/R : 6.14
R/R % : .37% / 2.27%
Trade (2)
Entry Type : Limit Sell @ 57.30
Stop Loss : 57.50
Take Profit :55.00
R/R : 11.25
R/R % : .37% / 4.16%
Technical Analysis: We can see price action has formed and stayed within an ascending channel. As expected price action has retested the top of the channel and had declined upon doing so. I am now expecting a slight bullish pullback into the 55.15 - 55.30 range (61.8 - 71.0 Fibonacci Levels) where I will look to executive a manual position when receiving a candle stick confirmation as well as a limit sell order at the top of the range. My stop loss is above a minor resistance as well as the 78.6 Fibonacci level meanwhile my take profit is placed slightly past the -61.8 Fibonacci level at the 55.00 psychological target.
Ordem cancelada
Candlestick for the market entry never presented itself thus was not executed. No market entry means no limit entry.
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.
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.