Breakout Patterns PremiumCommodities PremiumCrude Oil Trade Ideas PremiumPremiumTrade Setups

Crude Oil Fractal Resistance And Trendline Breakout Long Opportunity

Crude Oil Fractal Resistance And Trendline Breakout Long Opportunity

Published: 08-06-2018

Pair / Instrument: CRUDE OIL

Time Frame: H4

The trend in the Timeframe: NEUTRAL

The trend in the Daily Chart: BEARISH

Description: Crude Oil broke above Fractal Resistance and trendline. Crude moved above EMA 50 And SMA 100 on the H4 Chart.

Trade Based On: Resistance Breakout

Accuracy: %85

Trade: LONG

Entry: 69.35

Stop Loss: 68.30

Take Profit 1: 70.25

Take Profit 2: 71.00

Take Profit 3: 72.00

You can follow the idea: CRUDE OIL TRADE IDEA

Rules To Keep In Your Mind:  Trade Safe. Money  Management is the key to success in forex trading. Do not risk more than 1% of your account in each trade.

Subscribe to our premium packages if you would like to get 1000+ instruments analysis and trade signals of Chartreadreadepro.

 View the Packages

You can contact us via Skype User Name: Chartreaderpro

DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money



CRUDE OIL:Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility

Show More

Related Articles

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.