Saturday, 24 August 2013

US Oil 2 Bar Reversal at Support

So I have been watching US Oil and for the past few weeks it has been ranging, so I have been trading within the range.

Here is a trade I made based on a 2 bar reversal, which was actually spotted by a mate of mine who is also in the trading business.

My first take profit target has been hit and I have now moved my stop loss to break even to secure my gains.

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