USOIL Time to get your shorts on ?
Looks like we're heading up for now after flipping 40 , moving averages on the lTF looking good and a golden cross forming however thought i'd see how it develops..
Stayed away from Crude Oil after 2 weeks of intense scalping with the last trade short from 27 till 5
Trading Oil is like crack so decided to step away but now things are getting interesting and worth possibly shorting a long way down .
I recon 51-53 is where the fall should begin with that also being the price of most smaller oil companies to break even .
Maybe MBS and Putin wanna manipulate and bankrupt the US oil folks ...
Barrel cuts among the OPEC happening and i'd say a lot of people would have hedged there bets this time around like mexico .
To me just looks too tempting not to attempt a short.
Lets see how this plays out worth 1 good long position provided the 200 day on the monthly around 52 right now doesn't break.
Shall update a LTF closer to 51 if it moves as expected..
Stayed away from Crude Oil after 2 weeks of intense scalping with the last trade short from 27 till 5
Trading Oil is like crack so decided to step away but now things are getting interesting and worth possibly shorting a long way down .
I recon 51-53 is where the fall should begin with that also being the price of most smaller oil companies to break even .
Maybe MBS and Putin wanna manipulate and bankrupt the US oil folks ...
Barrel cuts among the OPEC happening and i'd say a lot of people would have hedged there bets this time around like mexico .
To me just looks too tempting not to attempt a short.
Lets see how this plays out worth 1 good long position provided the 200 day on the monthly around 52 right now doesn't break.
Shall update a LTF closer to 51 if it moves as expected..
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.