umakanthraok

Crude Oil to fall...But volatile before fall

Satış
NYMEX:CL1!   Hafif Ham Petrol Vadelileri
2
The recent dollar index bounce back has led to many commodities to weaken and as a result, Crude oil has made a descending triangle break down on the 4-hrly chart. The next big number due to release this week, the Non-Farm payroll may not be a major event as the FED rate hike is already being factored in the dollar index rally. However timing a short trade is sometimes not easy, even in obvious market trends. I would see a good shorting opportunity in crude oil, only on a spurt of rally back to say USD 46.75 -47.00, for a stop loss at previous lower peak of 47.50, inorder to manage a favorable risk reward ratio.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.