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US Oil (WTI) Simple Trading Plans

Oil has rallied significantly as of late on the prospect of strong summer demand, amid some geopolitical issues.

The demand that has fed in has upheld Oil strength.

We can look to form a short case on these rises;

1) Key price action areas approaching (in trend).

2) Sentiment Bias does not suit, but will upon change. Value Trading is formed on this as entries are taken PRE news sentiment changes.

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Still holding off shorts until higher. Some early rejection arriving.

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Avoiding entries until well into Monday. Room remains to upside for Shorts within long term trajectory.

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Short Side Entries Now Applicable.

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Trajectory upheld - short entries underway. Awaiting further dripping / weakness.

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Full plans updated with setups.

WillSebastian

Free Pro Multi Asset Trading Guide:

bit.ly/learnttm

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Posts Not financial advice.

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WillSebastian

Free Pro Multi Asset Trading Guide:

bit.ly/learnttm

Free Discord Secret Server:

discord.gg/tXAcxFVCJU

Posts Not financial advice.

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