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Oil down to low 20's in 60 days

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Beyond the trend in the chart:

The fallout between OPEC+ members will hammer the price down.
Saudi Arabia already offers steep discounts to carve more market share and there's even talk about ramping up production to 12m bpd
Russia on the other hand is refusing to cut and prefers to wait until June to say how the world demand changes in response to the COVID
İşlem kapandı: hedefe ulaştı
TP reached, closed all shorts at $22.80.

It might go down lower but I'm not brave enough to short it at this level.

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.