Trade Detail

osasumwen's /MCL Trade 82.00

Trade Details

Published: Jan. 30, 2024, 2:46 a.m.

Status: CLOSED

Portfolio(s): 50k Funded,

Broker: Tradovate

Asset: Future

Future Date: Jan. 27, 2024

Future name: /MCLF24

Symbol: /MCL

Type: Long

Pattern(s)

Featured Image / Proof

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Stats

Entry CPU	Exit CPU	Fees	Max Amount	Max Cost	P&L %	P&L $	P&L With Fees
76.59	77.41	0.0	1.0	76.59	1.07%	82.00	82.00

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Notes

Price had been consolidating in a range for a few days, and finally broke out to the topside. After the breakout, I waited for the market to return to retest the last resistance level that had just turned support. I dropped down from the 1-hour timeframe to the 15-minute and 5-minute timeframe to look for my entry. Noticed that the market has been rejecting the support level. Waited for the NYS to open and entered of evening star candlestick pattern formation on the 15-minute timeframe, as well as the confluence that the overall trend is bullish. My take profit was the next resistance zone.