Now the USOIL has reached the long term descending channel started 2 months ago, i see a 600 pips minimum opportunity here !
Target is as per my chart (67$ TP1) and a second position targeting 50$ liquidity level, SL 75$ (200 pips) ==> RRR 1:3
Let see what will happen with my call and if the USOIL reach 50$, i think it might make a nice comeback at 100$.
I personnally have a great confidence with this short position so i will risk 5% of my trading balance on this, and if i reach my target, i will not necessarily need to trade in 2022 lol.
Target is as per my chart (67$ TP1) and a second position targeting 50$ liquidity level, SL 75$ (200 pips) ==> RRR 1:3
Let see what will happen with my call and if the USOIL reach 50$, i think it might make a nice comeback at 100$.
I personnally have a great confidence with this short position so i will risk 5% of my trading balance on this, and if i reach my target, i will not necessarily need to trade in 2022 lol.