Oil Short: Downtrend continues
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The oil market in the following days will be very shaky but ultimately, it will reach $43 which is my first TP. From there on I am not sure about oil direction as the indicators on different time scales greatly contradict themselves and some data also contradicts other data and indicators.
Nota
Nice DMA crossover. We are on our way ladies and gentlemen.Trade attivo
The lower BB is widening as expected on the 4H. $43 incoming.Nota
We are bouncing of the 4H vwap (43.05), I think in the next 4H we should see sub 43 consolidation.Trade chiuso manualmente
Took profit, 90% partial. Will re-enter at higher levels $50. Or after $42 breaks
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