For the last few weeks I was short on UKOil and my trade was stopped out at B/E before reaching T2 at 53.2.
It now seems that UKOil is about to break out from it's downtrend, which gives an opportunity to retest the highs of 58.3 still this week.
* SL: 70 pips
* T1 57.5 for 50% position; move SL to B/E
* T2 58.3
It now seems that UKOil is about to break out from it's downtrend, which gives an opportunity to retest the highs of 58.3 still this week.
* SL: 70 pips
* T1 57.5 for 50% position; move SL to B/E
* T2 58.3