WTI Oil SpotLong
Update Olil 14/7
Updated
Update Olil 14/7
Oil is about to hit the 77.5 zone, if it gets there, it will confirm the end of the daily time frame bullish wave.
What we need to do is watch the price reaction in this zone 77-77.5
Expected trading plan:
SL 78.5
TP 73.5
TP2 72.5
( Sell small volume transactions)
SL 70
TP 78.8
TP2 80.3
( Buy normal or large volume trades)
Oil is about to hit the 77.5 zone, if it gets there, it will confirm the end of the daily time frame bullish wave.
What we need to do is watch the price reaction in this zone 77-77.5
Expected trading plan:
SL 78.5
TP 73.5
TP2 72.5
( Sell small volume transactions)
SL 70
TP 78.8
TP2 80.3
( Buy normal or large volume trades)
Note
Sell limit oil 77- 77.5SL 78.5
TP 73.5
TP2 72.5
( Sell small volume transactions) Avoid the case that oil price follows wave I and goes straight to 80.5 to reduce the risk
Trade active
77 down 75 +200pip ..running!!Note
oil trade moves more than 300pip back to touch sl entry.>> As predicted oil is going up, we only sell in correction
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