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In Demand Zone - Long bet on Crude [USOIL]
CFDs on WTI Crude Oil
Long
In Demand Zone - Long bet on Crude [USOIL]
By akshit_official
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Updated
Jan 29, 2024
3
8
1
1
Jan 10, 2024
Symbol : USOIL
USOIL is currently trading in a falling channel & consolidating in demand zone. Breakout of this channel & area will lead to a bullish upmove.
One can Long in USOIL at Current level 72.
SL : Below 70
Target : 75.50 - 78 - 82
Jan 11, 2024
Trade active
Currently trading at 71.20-71.35
Long position can be made with SL of 69.50
Jan 17, 2024
Trade active
Still trading within a narrow range of 71.50-73
Dollar Index going up because of rate cut news flow and because of rise in DXY, Commodities going down.
long position still active with 69.5 SL
Jan 18, 2024
Trade active
Still consolidating between 72-73 levels.
Keep long positions active.
A big move is expected soon!
Jan 22, 2024
Trade active
CMP 74.14
Jan 24, 2024
Trade active
CMP 75.10
Jan 25, 2024
Trade active
CMP 75.70
1st Target reached.
P.S. : My long position is still open.
Jan 25, 2024
Trade active
CMP 76.30
$5 in profits as of now.
Jan 26, 2024
Trade active
CMP 77.40
Jan 29, 2024
Trade active
CMP 79.20
Second target also hit.
$8 in profit.
My long position still open!
Jan 29, 2024
Trade closed: target reached
Trailing SL hit at 78
My trading position closed.
Chart Patterns
Crude Oil
Technical Indicators
longtrade
Trend Analysis
akshit_official
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