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Brent Crude Oil is in demand on the London Stock Exchange
Brent Crude Oil is in demand on the London Stock Exchange
The price of Brent crude oil has risen in recent days. The price is near the strong daily level of 77.75. The breakout of this level will indicate the continuation of the growing trend. Therefore, we place a pending order slightly above this level at 77.80. Set the level for placing the Take Profit order at the flat level of 79.00 in 120 pips.
Symbol: UKOIL
Order Type: Pending Order - Buy Stop
Entry Price at 77.80
Take Profit at 79.00
Pips Earning: 120
Forex trade strategy for major currency pairs:
EURUSD sell at the price of 1.1700
USDJPY buy at the price of 110.60
GBPUSD sell at the price of 1.3650
USDCHF buy at the price of 0.9260
The result of a trade recommendation.
The profit can be $120.00 if the trading volume of 100 Futures.
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