Daniel Ang

Brent Crude Oil Buying Opportunities - Sept 1, 2022. Result: +$100.21 Sept 2, 12:01:01pm

Chart UKOIL, H4, 2022.09.01 05:42 UTC, Tradeview, Ltd., MetaTrader 4, Real

Brent crude pulled back sharply from just under $1104.50 on Aug 30, 2022. This presented buying opportunities so long as $93.023 remains intact. The idea is to buy as price retreat lower from $96.217 downwards.

TRADE PLAN

#1 Bought 0.1% @ $96.161. Target at $106.059

#2 Bought 0.2% at $94.879. Target at $109.101

#3 Bought 0.2% at 94.083. Target at $114.022

All positions Stop Loss @ $92.980

Amend all stops to $91.00 and Target to $95.030. (Sep 2, 2022 1:37am)

Exit all Long Positions @ $95.030. Result: +$100.21. (Sep 2 2022, 12.01.01pm)