WTI USOil Setting for Short Trade?

5 ott 2022

USOILSPOT

TRADE PLAN
INSTRUMENT: USOil
TIMEFRAME: DAILY
DESCRIPTION
Although fundamental drive illustrates that OPEC+ will cut oil production by 2mil barrel a day going forward, our Technical Outlook suggests that USOil Price will continue to fall untill we arrive at 70.00. The current rally appears a sentiment drive.

We will look to short the market when price visit a 55EMA with some confirmation to short for completion of Daily Bat Pattern.

Updates to follow.

Disclaimer
Charts are educational not investment recommendations

14 ott 2022

Trade attivo

as predicted

12 dic 2022

Trade chiuso: obiettivo raggiunto

Thank you all for trading with us.

See you in the next one.