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UKOIL SELL PLAN: In a 4Hr time frame, market printing the signals as a complex Impulse reflection; after the reversal from 79.35 enormous abnormalities observed in the price movement.



Currently, market firing the down candle @ 75.18 and an impulse fall correction from 75.87 adding extra fuel to the downfall. The signal has enough potential to break the trend, as consequence breakout action may tend a pullback re-action to stabilise the fall. On the contrary, if the price range continues sentiments with bull means, end the trade at 76.89.

GET READY TO SKID ON OIL.

SIGNAL SPECIFICATION:

Pair: UKOIL

Order: SELL

Entry: 75.18

Take profit: 71.68

Stop loss: 76.89

Risk Vs Reward: 2.05

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Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.

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Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.

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