Background:
- Note that this is a trade set up carry over from the # USOIL Long - 10 November 2016 (not triggered)
- 2nd bullish reversal candle formed and fake breakout of the inside candle formation after testing 43.11 daily horizontal support
- With these, i believe that bull is still in play in this set up
Entry:
- set at high of the 2nd bullish candle high @ 44.1
SL:
- set at 50% fib of the bullish candle @ 42.55 (which is also few pips below the previous swing low of 42.72 on 16 September 2016.
- Note that this is a trade set up carry over from the # USOIL Long - 10 November 2016 (not triggered)
- 2nd bullish reversal candle formed and fake breakout of the inside candle formation after testing 43.11 daily horizontal support
- With these, i believe that bull is still in play in this set up
Entry:
- set at high of the 2nd bullish candle high @ 44.1
SL:
- set at 50% fib of the bullish candle @ 42.55 (which is also few pips below the previous swing low of 42.72 on 16 September 2016.
Trade active:
Oh shit, just realised i did not adjust my position in the chart.... I will stop updating this and open another idea to amend the error!!
Trade active:
Sorry for trouble caused... please refer to #USOIL Long - 15 November 2016v2
