USOIL Long Strategy / Flip.
What has really happened?
Drawing from reserves? Pushing the price cap narrative? They are all temporary relives, just like a plaster/bondage on a wound. Chinese demand will pick up and war continues, and latest developments around south korea...
I believe the Oil Rally is far from over, and the longer the spring is tried to be controlled/held, the harder it will be released back up.
With OPEC+ Set to meet this week, and the possibility of reduction of production, intimation of South Korea, WTI prices will also be effected indirectly for sure.
I believe the strategy is pretty forward with 3 TP targets on long, and should we cut our losses and move short before longing again, 1 TP for short.
USOIL
Drawing from reserves? Pushing the price cap narrative? They are all temporary relives, just like a plaster/bondage on a wound. Chinese demand will pick up and war continues, and latest developments around south korea...
I believe the Oil Rally is far from over, and the longer the spring is tried to be controlled/held, the harder it will be released back up.
With OPEC+ Set to meet this week, and the possibility of reduction of production, intimation of South Korea, WTI prices will also be effected indirectly for sure.
I believe the strategy is pretty forward with 3 TP targets on long, and should we cut our losses and move short before longing again, 1 TP for short.
USOIL
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.