Earlier, we had taken a long trade on crude oil based on trends. Now, a slight pullback is expected. I've marked the levels I'm playing with and my position.
6200 has been rejected many times already, and expecting it to be rejected this time as well.
The targets are not much. I'm expecting only 3-4% in profit and -2% loss at max. Manage risk accordingly.
6200 has been rejected many times already, and expecting it to be rejected this time as well.
The targets are not much. I'm expecting only 3-4% in profit and -2% loss at max. Manage risk accordingly.
Trade active:
Respect SL. My option SL is not hit yet so my trade is still active
Comment:
This was a better entry than earlier
Comment:
A 5 min closing above I'll accept the loss and exit
Trade closed: stop reached:
Closed the trade
Trade active:
Reentering. Choose appropriate SL and Targets
Comment:
Back to green, but a very small amount.
Trade closed: target reached
Comment:
Expecting it to reach 6200 again
