Oil Bull run correction = portion of shorts

after IH&S break price vastly moving to channel resistance and have a mass of resistance on the way up so i can try to make a portion of shorts for correction or continuation of bearish momentum
otherwise if price goes over 50.6 we're able to see new high soon

Zlecenie aktywne:

huge buying volume
trading this risky but any chance i have move SL to break-even point

Zlecenie aktywne:

SL at BE point but expect double top or 50.2-5 range before moving down

Komentarz:

H4 bar showing nice bullish momentum and formed IH&S on lower TF so for now i expect a bounce from PP to 50.2-5 price levels

Zlecenie aktywne:

TP moved to 48.8 as it border of bullish channel drawn from yesterday high

Komentarz:

Zlecenie zamknięto ręcznie:

time with judge me for closing now but it is done

Komentarz:

Entry 50
Profit took at 48.8
Result: 120 pips