TheDemonTrader

CL1! Crude Oil Day Trade 7-Nov-2023

Short
NYMEX:CL1!   Light Crude Oil Futures
TRADE DIRECTION: SHORT; as indicated by the 4H-EMA 50 (yellow line) and the market structure.

KEY LEVEL: Round numbers S&R with 50 ticks range between each level.

TRIGGER SIGNAL: Doji and bearish pin bar (red arrows) with price failed to close above 79.50.

RR: 1:1

SL: 100 Ticks
TP: 100 Ticks (achieved)
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