+170pips Oil trading explanation

Hello
This is Kuroshiba.

This time I want to explain since I could trade oil satisfactorily.

First, from the trade history

I think for a short-term trade it is almost perfect!

◯ Environment recognition & entry rationale

Daily chart

There is a horizontal resistance at 61.936.

There were two rebounds, and on the third it broke below, but the body did not remain and it found support.

From the above, I thought this area was quite solid.

4-hour chart

And on the fourth attempt at this line there was a reversal low.

In my view, this was almost certainly a top.

So when it came down, I went long (randomly).

◯ Profit-taking

The profit-taking is at the N value of the first rise!

I usually decide profit-taking by the N value

Plarac (Pro Act) is useful in any situation, so please study it!