Master 1H Chart Analysis: Oil is closing the GAP
Hi, guys!
Master (Pure) Charting Analysis: no indicators, no fancy drawings; only Pure Logic and 10 years of Experience.
* After a tremendous rise to $63 Oil seems to be losing steam.
* Standing on the top of the gap, the price can easily go down from here and close it out.
Trade Signal
Sell at $59.00
Target: $55.00
Stop-loss: $60.00.
Risk/Reward: 4:1
GOOD LUCK!
Yours,
Market Wizzard
Disclaimer
The decision to enter a trade is solely at your discretion and responsibility. I express my subjective opinion and provide information for educational purposes only.
Master (Pure) Charting Analysis: no indicators, no fancy drawings; only Pure Logic and 10 years of Experience.
* After a tremendous rise to $63 Oil seems to be losing steam.
* Standing on the top of the gap, the price can easily go down from here and close it out.
Trade Signal
Sell at $59.00
Target: $55.00
Stop-loss: $60.00.
Risk/Reward: 4:1
GOOD LUCK!
Yours,
Market Wizzard
Disclaimer
The decision to enter a trade is solely at your discretion and responsibility. I express my subjective opinion and provide information for educational purposes only.
Note
Don't hesitate to leave 'Like' under the idea if you do really Liked it! :)Transaction en cours
Transaction en cours
The trade is in line with the forecast. Short is held.Trade fermée manuellement
Closed @ $55.86. Profit: +$3.14 :)
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.