4h USOIL inside bar trade
Updated
The mother bar is long enough to deserve a trade.
EP:52.41
SL:52.81
TP:51.61
EP:52.41
SL:52.81
TP:51.61
Trade closed: stop reached
This trade afforded me a useful lesson. It is plausible that I wanted to join in the bearish trend via inside bar. Actually, I just made a terrible mistake -- sell at the lower price. In addition, I ignored the 0.618 resistance just below my entrance point.
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