So far so good

Following on from my last post.
Heavily rejected after Megaphone pattern after a false break on 5th resistance touch.

Playing it safe so target for my exit is midway, roughly $82.94 but it could go all the way to $79. If it passes midway with some conviction I may only take half the trade out. Got to play it safe when oil is in a new paradigm like now.

Kommentera:

Trade complete - Target price was hit albeit I had to move to the exit price up to 82.96 as my line was slightly misaligned previously.

Bounced heavily so completely exited the position. More trade setups to follow!