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SMPTrader

Possible USDWTI Long position!!

Largo
U.S. DOLLAR / WTI CRUDE OIL (FX_IDC:USDWTI)  
SMPTrader  
FX_IDC:USDWTI   U.S. DOLLAR / WTI CRUDE OIL
Trend Analysis Chart Patterns Technical Indicators longsetup USDWTI Oil oiltrading oilforecast Crude Oil tradingstrategies strategies Commodity Channel Index (CCI)
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trendanalysis chartpattern indicator longsetup usdwti oil oiltrading oilforecast crudeoil tradingstrategies strategies commoditychannelindex
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY

Chart time frame - H4
Timeframe - 1-2 Days
Actions on -
A – Activating Event
Commodity consolidating above the 200 mva and has reached a condition of being oversold.If we see a break above the 53.10, a long position may be an option :)
B – Beliefs
Market move towards the first Target 1 level @ 55.40

USDWTI

Trade Management
Entered @ Sign up for details
Stop Loss @ Sign up for details
Target 1 @ 55.40
Target 2 @

Risk/Reward @ 3.1

Happy trading :)


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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Follow your Trading plan, Remain disciplined and keep learning !!

Please Follow, Like,Comment & Follow
Thank you for your support :)

This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
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