Oil invites for a reshort at 52. Should be a decent R/R trade.
Trade aktif:
Welcome 52.
Trading ditutup: stop tercapai:
Oil love conflicts. Trade closed temporarily. This can lead price to higher range of interval. I will monitor PA and observe in the 53-55 range.
Komentar:
Re-entered today at 53. Let's see.
Komentar:
OK, break-down backtested. Go to zero dollar / barrel now, easy :)
On more serious hand; I am disappointed by the rejection from this level so far. Seems that bulls thrive on sentiment of Libya and other unstable areas.
On more serious hand; I am disappointed by the rejection from this level so far. Seems that bulls thrive on sentiment of Libya and other unstable areas.
Short from the box. 52-53 should be good entries.
I target approx 26 with the short.