$105 Profit
HOULong Stock
RTse

Bottom fishing play at oil support level of 50.60ish, the last low from a few months ago. Major oversold levels in 15 minutes, 1 hour, and 4 hour. Also took a smaller position as this is counter trend play. Entered at around 50.80 level in an 2x oil bull ETF, could have been more patient and enter right at support. Exited early at 51.25. Could have held till end of day for higher gains, but with lack of V shape recovery and cooling RSI levels, just took a smaller gain.

000

DatePrice
Entry8/7/20194.80
Exit8/7/20194.90
  • Total Views88
  • Position Size1,250
  • Percentage2.08%
Proof
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