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k314

Crudeoil (USOIL) buy setup

Long
CFDs on WTI Crude Oil (TVC:USOIL)  
k314 Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Chart Patterns Technical Indicators Crude Oil WTI Crude Oil
9
5
trendanalysis chartpattern indicator usoil crudeoil
Buy USOIL between 23.85-23.00

T1: 27
T2: 31

SL: 21.85
Trade active
Trade closed: stop reached
Comment:
Channel bottom broken

Going short below 21.6 with a SL of 23.30
Trade active:
Short trade active
Comment:
Going to short on pullback upto 22.50
Trade active:
Will book partial profit at 19.50
Comment:
Made a low of 20.00 so far
Trade closed: target reached:
Partial profit booked at 19.50 with save profit at 20.95
Comment:
Going to exit completely at 17.50 with save profit at 20.95
Comment:
After booking partial profit at 19.50 squeezing down the save profit to 20.35 with target of 17.50

snapshot
Comment:
Made a high of 20.32 and missed our save profit order at 20.35
Trade closed manually:
Exited completely at 20.35 after save profit got triggered.
Comment:
Loss is long trade recovered by reversing the trade (shorting) after channel breakdown.
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