Black Diamond for Sale

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Oil is on the top of the trend line and has shown a reversal diamond patter.
Short this rally, don't risk too much of your money, it's a bull market after all.
Take 70% profit on the first target indicated on the chart.

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ملاحظة

First target was hit and bounced up from the support. I hope you guys took Profit on 70% of your position.

At this stage you can let the rest of the 30% run to the second target. Move your stop at breakeven point for the last 30%.

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ملاحظة

watch for the breakdown

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ملاحظة

here we go

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ملاحظة

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ملاحظة

Breakdown failed, Moving stoploss to 55.55. remember this is the last 30% of your position.

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ملاحظة

Trade closed. Descent profits.
I'll be waiting for a long entry