Oil Head & Shoulders Pattern
Theres a high probability H&S pattern occurring on US Crude Oil charts.
With a news catalyst (EIA Oil Stocks) + Fibonacci (78.6%) level + a psychological number ($95.00) at this price level there are many catalysts to why this is a high probability setup.
With a news catalyst (EIA Oil Stocks) + Fibonacci (78.6%) level + a psychological number ($95.00) at this price level there are many catalysts to why this is a high probability setup.
Trade closed manually
HALF profit secured @ 100 pips Remaining position running with stop loss at breakeven and TP at 89.300
Trade closed manually
Another partial profit secured at 220 pips profit.Trade closed manually
Full position closed at 350 pips profit. Today was a good day 😎
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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.