Oil Bull run correction = portion of shorts

after IH&S break price vastly moving to channel resistance and have a mass of resistance on the way up so i can try to make a portion of shorts for correction or continuation of bearish momentum
otherwise if price goes over 50.6 we're able to see new high soon

Transaction en cours:

huge buying volume
trading this risky but any chance i have move SL to break-even point

Transaction en cours:

SL at BE point but expect double top or 50.2-5 range before moving down

Commentaire:

H4 bar showing nice bullish momentum and formed IH&S on lower TF so for now i expect a bounce from PP to 50.2-5 price levels

Transaction en cours:

TP moved to 48.8 as it border of bullish channel drawn from yesterday high

Commentaire:

Trade fermée manuellement:

time with judge me for closing now but it is done

Commentaire:

Entry 50
Profit took at 48.8
Result: 120 pips