Oil Bull run correction = portion of shorts

29 giu 2016

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

29 giu 2016

Trade attivo

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

30 giu 2016

Trade attivo

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

30 giu 2016

Nota

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

30 giu 2016

Trade attivo

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

30 giu 2016

Nota

30 giu 2016

Trade chiuso manualmente

time with judge me for closing now but it is done

30 giu 2016

Nota

Entry 50
Profit took at 48.8
Result: 120 pips