Is there some value in oil longs here, we can see we are trading just below the fair value range highlighted by the VP, price has contracted and broken the fixed VP, we could look to take some longs back to a fairer price here.
Trade active
Comment:
Easy money, 60 pips in no time
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That is how it is done! +130 pips and counting
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Price taps the market orders, this is the area the market deemed fair, large sell off, sign of the tide!
Trade closed manually:
Half position closed at 50%, other 50% of position SL BE