I put my stop always just above the recent high and my take target 1 at least at the most recent low. Since that last 4HR move down broke the demand area, I think the price will move lower to target 2. From there on we will see what happens.
I like to trade WTI but... with these OPEC uncertainties I won't do it for now. Gold sometimes, never did the SP500 but I think I should do that.
In my opinion it's impossible to predict any high impact news events. I got surprised by the RBNZ when they did their rate cut. You would assume that a rate cut weakens the currency... well, the price spiked up 140 pips I believe... Stopped me out... Sometimes you step into traps you promised not to fall for. But sometimes you forget about these traps and you get smacked back right back to reality, right?
Anyhow, thanks again for the feedback, don't give up and happy trading!