Trade of the week - Crude Oil's consolidation range

Reasons of Placing the Trade:
Overbought RSI with divergence scheming a Supply Level
Volume Increase
Rejections at the same Supply Level with rotations to the nearest demand Level

Setup:
Sell
Stop Loss: 120 pips of length @57.40
Take Profit 1: 460 pips of length @51.60
Reward: 4:1

הערה:

1:1 reward reached.

עסקה סגורה: הגיע לסטופ