USOIL just hit the 2x1 line and seemingly going for a pullback to test the 1x1. Selling short here with a 35 tick stop and looking for 1R-2R targets seem reasonable.
Note
Partial 1R profitTrade closed: target reached
2R target +70 ticksNote
Limit buy 6607, a 33 tick stop 6574, 2R target 6673Trade active
Short 6695 stop 6730 1R-2R targetsNote
Partial 1R profit +35 ticksTrade closed: stop reached
Remaning half closed -35 ticksDisclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.