A big "butterfly" was detected in the January oil contract, which is a directional strategy with a target of $90, also known as the previous local maximum.
It's important to note that this strategy appeared after a 4.7% decrease and when the 90 price was significantly lower and oversold for our mysterious participant, let's call him "X".
*********To summarize, such a situation can be interpreted as clearly positive. However, it is worth waiting for additional confirming factors. Do not hurry to open longs right now!
It's important to note that this strategy appeared after a 4.7% decrease and when the 90 price was significantly lower and oversold for our mysterious participant, let's call him "X".
*********To summarize, such a situation can be interpreted as clearly positive. However, it is worth waiting for additional confirming factors. Do not hurry to open longs right now!
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
