k314

Crude Oil buy setup - Risky counter trend trade

Long
k314 Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Buy USOIL at CMP (51.55+)

T1: 58.40
T2: 60.25
T3: 63.00
T4: 66.00

SL: 50.45
Trade active:
.
Gave almost $1 bounce from our buying price. Hold for good risk reward
Trade active:
.
Conservative traders can book partial profit at CMP (54.60)
Even that is a great profit ($3+) considering we risked only $1.05
Trade active:
Made a high of 57.81 today.
Conservative traders can maintain a save profit at 55.80
Trade active:
We are riding on excellent profit now (almost $7+) given the fact that we just risked only $1.05
Trade closed manually:
Closing the complete trade booking full profit at CMP (57.50+) as I am expecting a reversal based on time cycle analysis.
Booked total $6 profit risking only $1.05
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