the move up has now stretch with low participation and probably could see a retracement before the up move continues. Will be watch the big red zone for consolidation trading, and will stick with that plan until a confirmed break out of this boundary. If a break out happens will then look for the upper or lower targets.
Trade active
as oil broke the red top it gave me a not perfect but a long trigger entry at 55.85, and I now have the stop at b/e will see what happensTrade active
trailing stop to keep 10 ticks, and give it room to work a bit moreTrade active
stop on 20 tick nowTrade active
40 ticks nowDisclaimer
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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.