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Middle term long oil

Entry: $48-$48.65
SL: 46.8
TP:$53,$56,$58

Catatan

sooner or later,my first entry a little bit early, and.i added at47.4

Catatan

It is retesting the previous bottom, price still be holded in the up going channel bottom, or, if it fell to $46, still in the wedge, I will considered of adding longs in that case $46

Trade aktif

i longed oil again from47.5

Catatan

oil looks fine:)

Catatan

It's a long long time trade,
watch resistance $50.7, $52.5,$55. Once broke $52.5, $55 won't be too difficult to break.

Catatan

now as i mentioned in last update,50.7has some resistance,but it still possible to break out, let's watch NY session.next is $51.5

Catatan

it's still bullish, going to test 51.5now, heading our first tp 53

Catatan

Let's take a look at our baby Oil,little bull is moving towards $52.5

Catatan

Already broke $52.5, approaching our first TP:$53.
Come on~~ go, go, go!

Catatan

Weekly chart looks more room.

Catatan

the hi for today is $52.9, already more than 400pips, I usually took profits when above 400pips for oil. $53 has some resistance, and suggest those positions cost more than $48.5 take profits first. while i will still hold the postions costing at $47-47.5.

Catatan

it's hit TP1
500pips in pocket already.
wait for a retracement to add more buys.
Rome wasn't built in a day.patience is the key,1000+pips won't be a dream.
In general view, the strategy for oil more than one time gave 1000+pips.

Catatan

still holding longs from$47.5, if it can't give a chance to add more longs, i will holding it till the final tg. imo, not prefer to scalp for 100-200pips in trending.

Catatan

Now it is approaching my tg:$51.17, but need to wait for the available signals.

Trade aktif

I added longs at $50.83, watch $51.5- $52 level

Trade aktif

Added long from $49.35.

Catatan

Weekly chart see a Cup of tee, enjoy happy hour;)

Catatan

sorry, typing mistake, should be "Tea"

Catatan

Added from $48.56 and still holding.

Catatan

Added $47.39, if broke $47, will turn to bear

faylee

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faylee

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