Brent Oil: double pin bars
Last Thursday and Friday two bullish pin bars formed of of a horizontal short term support level and of of the longer term trendline. I will be placing an entry order at the 50% retracement level of the last pin bar. My stoploss will go below the two wicks of the last two bars. I will be targeting 2R for profits.
Order cancelled
Entry order not triggered.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.