Bears to scoop the Oil all the way to the 42.00 zone

9 Nis

U.S. oil prices have extended their losses this Wednesday, plunging by more than 6% after China just announced it has raised tariff trade duty on goods from the United States from 34% to 84% starting 10th April in response to US President Donald Trump's tariffs, including a cumulative levy rate of 104% on Chinese imports. Traders are now remaining wary of investing amid United States President Donald Trump's tariffs on other countries and specific imports, despite the continued turmoil in the Middle East,
That being said I'm with the bears on this one
sell After retest @60.00
1st Tp @42.00

6 gün önce

Not

patient of a macro trader is as touch as a bear skin so finally i start to trail my retest area trade still active till I mitigate my zone hoping for the best In the near future still bearish on this trade