CRUDE OIL: 15M Chart
As you know, I am away from the screen during London and early US hours.... So when I am back and there is no obvious trade which I need to monitor, I tend to analyze the best opportunities of the day and see their common features to become better at identifying them and see what they bring in terms of reward to risk ratio.... Crude Oil is the winner today..... There was a clear SD zone, The fractal OB formed right on that zone and the confirmation from the upper window indicator was flawless. The lower window though clearly bullish was not as squeezed as I look far compared to the previous opportunities but it was bullish enough to warrant a trade. Any market order or pending order on the upper edge of the OB would have secured the trade and at the time of taking this screenshot there is a 5R trade that one could bag...... A bit nostalgic about these missed trades but I love to see them again and again...