CFD Petrolio WTIShort
oil outpout plan unchaged. Biden disagrees.
ENTRY: 110.27
STOP LOSS: 114.72
TAKE PROFIT: 101.14
After oil went down 5% after Biden's announcement to release up to 180M barrels of oil, the market reacted fast, to the downside. the OPEC+ meeting on the other hand released the short-selling pressure and see's Ukraine Russia pressure as a long-term problem and leaves their stance unchanged. My trade idea is betting on volatility and lack of buying pressure from this past week.
Useful links:
forexlive.com/news/oil-down-over-5-after-biden-threatens-biggest-emergency-oil-reserve-draw-20220331/
forexlive.com/news/russia-is-offering-its-oil-to-india-at-a-us35-discount-to-pre-war-price-20220331/
forexlive.com/news/biden-admin-is-considering-a-massive-oil-release-to-fight-inflation-20220331/
STOP LOSS: 114.72
TAKE PROFIT: 101.14
After oil went down 5% after Biden's announcement to release up to 180M barrels of oil, the market reacted fast, to the downside. the OPEC+ meeting on the other hand released the short-selling pressure and see's Ukraine Russia pressure as a long-term problem and leaves their stance unchanged. My trade idea is betting on volatility and lack of buying pressure from this past week.
Useful links:
forexlive.com/news/oil-down-over-5-after-biden-threatens-biggest-emergency-oil-reserve-draw-20220331/
forexlive.com/news/russia-is-offering-its-oil-to-india-at-a-us35-discount-to-pre-war-price-20220331/
forexlive.com/news/biden-admin-is-considering-a-massive-oil-release-to-fight-inflation-20220331/
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.