US Oil approaching a very important key level $50.046
I wait how price will react on that level that why I have 2 trading scenarios at this moment. 1. Open buy if the price will break up $50.046 and fix above it. 2. Open Sell if the price will make fake broke of $50.046 and close under key level.
Under I will write more about 2 scenarios separately.
تعليق
⋅
1st Scenario I will open buy if the price will break up $50.046 and H4 or D1 candle will close above it. That will be a proper signal to open entry with goals $53.80 and $57.20
تعليق
⋅
2nd scenario
Open Sell if the price will make a fake broke of $50.046 and H4 or D1 candle will close under key level.
تعليق
⋅
Just wait when the price will come to key level
تعليق
⋅
تعليق
⋅
Oil approaching key level. I wait for confirmation.
تعليق
⋅
Price broke up key level I set buy limit order
تم فتح الصفقة
⋅
تعليق
⋅
Price moved up 70 pips. Close 30% of position.
تعليق
⋅
Price moved up 100 pips. You can move S/L into breakeven. Also, it is better to close 50% of position and hold rest till T/P without any risk.