CL1! Crude Oil Day Trade 7-Nov-2023
TRADE DIRECTION: SHORT; as indicated by the 4H-EMA 50 (yellow line) and the market structure.
KEY LEVEL: Round numbers S&R with 50 ticks range between each level.
TRIGGER SIGNAL: Doji and bearish pin bar (red arrows) with price failed to close above 79.50.
RR: 1:1
SL: 100 Ticks
TP: 100 Ticks (achieved)
KEY LEVEL: Round numbers S&R with 50 ticks range between each level.
TRIGGER SIGNAL: Doji and bearish pin bar (red arrows) with price failed to close above 79.50.
RR: 1:1
SL: 100 Ticks
TP: 100 Ticks (achieved)