Re-entry long on Commodities
All commodities on my watchlist
www.tradingview.com/...watchlists/58589587/
are still long.
yes there was a take profit on wheat on oil below prior days low (usuaylly two days low but because of bars ranges that a much higher than prior day I am using a 1 day trailing stop)
Buying new highs on the 5 min chart below prior days low is a valid re-entry pattern.
Will we reach new yearly highs? I dont know but we can see that at least a double top should be possible or at least a rally up to 50% of prior down move...
www.tradingview.com/...watchlists/58589587/
are still long.
yes there was a take profit on wheat on oil below prior days low (usuaylly two days low but because of bars ranges that a much higher than prior day I am using a 1 day trailing stop)
Buying new highs on the 5 min chart below prior days low is a valid re-entry pattern.
Will we reach new yearly highs? I dont know but we can see that at least a double top should be possible or at least a rally up to 50% of prior down move...
Trading ditutup: stop tercapai:
will this was just a small recovering, oil and wheat seams to be falling further down...