Though oil is quite bullish here I'm playing for a 4$ (maybe 5$) drop ( not 44!!!) on my private account for a testback of the blue trendline or the 50 SMA.
The RSI is printing a divergence and I think when the dollar is printing it's last bounce in the following weeks that will affect oil also, so it can drop into its daily cycle low.
It's not a "Let's bet the farm on it" trade. Just a small game I think this will be my last trade in oil this year.
NEW SHORT trade from 55.93$.
The RSI is printing a divergence and I think when the dollar is printing it's last bounce in the following weeks that will affect oil also, so it can drop into its daily cycle low.
It's not a "Let's bet the farm on it" trade. Just a small game I think this will be my last trade in oil this year.
NEW SHORT trade from 55.93$.
Nota
Adding to the short position here. I see a key reversal forming by the day end.Nota
Nota
Playing out as expected. I'm wating for minimum 52.50$ as a test of the blue trendline.MACD is crossing over and giving the sign for the short also.
The nov.8 short positions are deep in profit by now.
Actually the cumulative P/L is in great profit on my account regarding this oil short.
Nota
Not much of a pullback.I guess the drop continues today.
Pubblicazioni correlate
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.
Pubblicazioni correlate
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.