Both CADJPY and USOIL have daily and weekly time frame directional bias. Exercise caution due to weekly resistance, which has already been tapped once, entry on a break of resistance and retest would be a better entry.
I will likely enter on CADJPY and not USOIL, but set up is valid on both
Weekly resistance on USOIL could give the entry on the daily time frame, caution needs to be exercised as last time price rejected from the resistance level the pullback was hard.
Driver of OIL is vaccine rollout, rejection from the weekly resistance on a change of the narrative would make this trade less appealing for me.
I will likely enter on CADJPY and not USOIL, but set up is valid on both
Weekly resistance on USOIL could give the entry on the daily time frame, caution needs to be exercised as last time price rejected from the resistance level the pullback was hard.
Driver of OIL is vaccine rollout, rejection from the weekly resistance on a change of the narrative would make this trade less appealing for me.
Trade ativo
entry triggered o 23/3/21 entry 0.03 at 86.49
Took profits 0.02 off the table at 87.92 $33.77
still have 0.01 runner with stop and BE
Aviso legal
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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.