details on chart w/ risk/reward ratio monitoring entry
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1min chart just gave a cup/handle off this morning lows monitoring
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3min cup/handle monitoring bullish continuation still
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3min chart
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5min channel attempting to hold w/ Inverse head and shoulders formed. working on higher cup/handle
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Good Risk management for me as I only entered 1/4 position in UWT in premarket off morning beat down in oil, risk/reward worth holding overnight imho to see if handle completes. just my own thoughts not trading advice slack-imgs.com/?c=1&url=https://www.tradingview.com/x/vu6U9qWY/
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link posted incorrectly above
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for speculation purposes last oil chart
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S1 still attempting to hold as support on Daily, not giving up on this Bullish Drive pattern just yet. Long Term, price action needs to get above R1. Oversold Stochastics
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took my profits for now, may look for another dip to go long
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gaptraderhq
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@MoneyFlowTrader ... Are you long yet or are we holding for sideways movement to see what happens? Any thoughts. Cheers
MoneyFlowTrader
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@gaptraderhq, yes i'm long sorry for the delayed response