The final Yolo - Risk Reward 1:3
Technicals:
Fundamentals:
USOIL:
The Crude Oil outlook is down, but everything is up in the air because of OPEC manipulation. A clearer outlook will appear when the price is out of the ichimoku cloud.
DXY:
The US dollar index is in a parralel channel upwards, and has not been able to break this for a year.
Actions:
Entries:
I will be scaling in my longs from 1.30258, as the price has not been able to break here for the past week.
1.30258 -> 1.28978
TPs:
I will be taking profits at these levels as this will be a long term trade ( Several Months? )
1.31690
1.32247
1.33375
1.34369
1.35242
1.36388
SLs:
if it breaks the falling wedge
- Falling wedge
- RSI Divergence: There is a higher low on the RSI
Fundamentals:
USOIL:
The Crude Oil outlook is down, but everything is up in the air because of OPEC manipulation. A clearer outlook will appear when the price is out of the ichimoku cloud.
DXY:
The US dollar index is in a parralel channel upwards, and has not been able to break this for a year.
Actions:
Entries:
I will be scaling in my longs from 1.30258, as the price has not been able to break here for the past week.
1.30258 -> 1.28978
TPs:
I will be taking profits at these levels as this will be a long term trade ( Several Months? )
1.31690
1.32247
1.33375
1.34369
1.35242
1.36388
SLs:
if it breaks the falling wedge
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.
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.