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Oil Markets/Price Zones amid Current Market Sentiment/Mood

1027
Hey Traders,

Oil opened higher as market sentiment feeds in and traders buy on fears of supply problems.

This can cause rapid movements up or down, and it's a good idea to be prepared for them.

Here's my labelled price zones to note.
Not
Hold any relongs till further TGT.
Not
Looking to Re long.
Not
If you exited prev ^
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Eyes on sentiment RE iran.
Not
Further Re longs light.
Not
Maintaining on long bias (Prev hit support)
Not
Holding into today.
Not
Exit for gains.
Not
Re long entries appropriate on key techs.
Not
Still maintaining long bias into mon.
Not
Still maintaining ^
Not
Lock in gains. Re shorts higher.
Not
Much higher^
Not
Sentiment still support USOIL. Willing to continue to hold off until key long Term PA.
Not
Very light longs OK.
Not
Exit light longs, re shorts applicable.
Not
Maintaining only very light short bias (incase of surge in mkt sentiment upside).
Not
Exit for gains. Re longs applicable on upside momentum gaining.
Not
Holding off shorts due to renewed momentum upside.
Not
Very light re longs further.
Not
light longs ideal on various tech conf factors.
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Continued bias.
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Exit longs for gains again.
Not
Shorts entered NO1.
Not
Out shorts, light longs reasonable here

Feragatname

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