💡 Trade Idea
📈 Buy Limit USOIL @ 60.92
🎯 Target Profit 63.32
🛑 Stop Loss 59.73
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price is trading within an ascending channel by posting higher highs and lows. Price managed to break the daily resistance (new support) @ 60.95. We expect a re-test of the new support where we have the 38.2 % Fibonacci level retracement. From this level, most probably we will see a move upward to the 63.32 mark.
📈 Buy Limit USOIL @ 60.92
🎯 Target Profit 63.32
🛑 Stop Loss 59.73
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price is trading within an ascending channel by posting higher highs and lows. Price managed to break the daily resistance (new support) @ 60.95. We expect a re-test of the new support where we have the 38.2 % Fibonacci level retracement. From this level, most probably we will see a move upward to the 63.32 mark.
