OANDA:WTICOUSD   West Texas Oil
This commodity is undecided on whether is in an overall uptrend or downtrend. However the sentiment just now appears to be bullish as the last 4hr candle (@10am) has shown retracement. I've entered a long trade with initial TakeProfit @ 55.86 then at 58.17 if the untend continues
Trade closed: target reached: So initial target at 55.86 has been blasted. With such bullish momentum am confidant that price will reach 58.17 and even go beyond. However as a disciplined trader my final target is @ 58.17 so therefore i will exit this trade at that price. For now its a wait & see if target is reached. I've moved Stop loss to 1st profit target 55.86, which is a 82pip profit just incase trade reverses overnight when am asleep...Goodnight
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