WTI Long Trade 26 Apr 2021 +3.565R Profit
Daily chart:
10-day MA was angling up.
4hr chart:
Price was inside a support zone and stochastic %K has reached oversold level when the trade was considered.
10-day MA was angling up.
4hr chart:
Price was inside a support zone and stochastic %K has reached oversold level when the trade was considered.
Refer to WTI daily and 4hr charts below.
ENTRY:
Buy order was filled on 26/4 at 61.194 with a stop loss at 60.35 and take profit at 64.20.
EXIT:
Take profit order was filled on 28/4 at 64.203.
The reward was +3.009 against a -0.844 risk for a +3.565R profit.
Disclaimer:
Trading and investment involves risk, including possible loss of principal and other losses. I shall not be responsible for any losses or loss profit resulting from trading or investment decision based on my posting and any information presented in this blog.
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