USOIL Long Position Analysis
Updated
I am anticipating a potential upward move in USOIL, looking for a long position entry at 66.9, which is identified as a strong demand zone. The stop loss (SL) is set at 66 to minimize risk, ensuring a controlled downside. The first take profit (TP1) level is targeted at 69.7, providing a substantial initial reward. If momentum continues, my final target is set at 72.9, aiming for a larger gain.
The risk-to-reward ratio for this setup is.
From Entry to Take Profit 1.
RRR= 1:3
From Entry to Final Target.
Risk-to-Reward Ratio = 1:6.7
This strategy aims to capitalize on the anticipated price bounce from the demand zone, providing a solid risk-to-reward profile with the potential for significant upside.
ALWAYS USE STOPLOSS AND TAKE PROFIT AS WELL AS RISK MANAGEMENT FOR YOUR TRADES.
ITS JUST MY ANALYSIS OR PREDICTION LET'S SEE WHAT WILL HAPPEN IF YOU LIKE MY IDEA SO SUPPORT ME AND BOOST TO APPRECIATES.
The risk-to-reward ratio for this setup is.
From Entry to Take Profit 1.
RRR= 1:3
From Entry to Final Target.
Risk-to-Reward Ratio = 1:6.7
This strategy aims to capitalize on the anticipated price bounce from the demand zone, providing a solid risk-to-reward profile with the potential for significant upside.
ALWAYS USE STOPLOSS AND TAKE PROFIT AS WELL AS RISK MANAGEMENT FOR YOUR TRADES.
ITS JUST MY ANALYSIS OR PREDICTION LET'S SEE WHAT WILL HAPPEN IF YOU LIKE MY IDEA SO SUPPORT ME AND BOOST TO APPRECIATES.
Trade active
now trade is active let's see what will happen.Trade closed: target reached
almost tp1 hits 240+ pips gain.Note
285+pips gain tp1 hit successfully.
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