Hi, dear traders!I'd like to tell you how the trading idea for WTI has worked out in practice.
Last week, I gave you the trading recommendation based on the rally from $109 to $117 a barrel. Yesterday WTI grade climbed in practice, having broken the target level of $117.
Trading plan:
The horizontal line means the sellers' stop losses accumulated for 3 months.
Yesterday the WTI price grew and broke the level of $177 in confidence.
What has happened:
I congratulate those who benefited from this trading idea! The price action is measured at 800 pips or $8! You are recommended to close your long positions by profit-taking.
This trading idea is developed according to the author's method of Price Action and Hunting for stop orders.
Good luck in trading! Make sure you manage your risks!
