The Brent Crude Oil has been in an uptrend since mid of 2017.
The trend-line in blue acting as strong support, pushing price higher whenever It retraces to that support area.
My Position :
Entry : 75.00
SL : 72.60
TP : 78.60
** This is not a Buy/Sell recommendation **
** Please do your own due diligence **
The trend-line in blue acting as strong support, pushing price higher whenever It retraces to that support area.
My Position :
Entry : 75.00
SL : 72.60
TP : 78.60
** This is not a Buy/Sell recommendation **
** Please do your own due diligence **
Trade closed manually:
Closed my position manually for a breakeven trade (+0.03r) because I think I have entered the market a little early and the Crude Oil has not done with its retracement.
Ideally, I should wait the price break the counter-trend line (daily chart), then to consider Long the UKOil.
Ideally, I should wait the price break the counter-trend line (daily chart), then to consider Long the UKOil.