A big "butterfly" was detected in the January oil contract, which is a directional strategy with a target of $90, also known as the previous local maximum.
It's important to note that this strategy appeared after a 4.7% decrease and when the 90 price was significantly lower and oversold for our mysterious participant, let's call him "X".
*********To summarize, such a situation can be interpreted as clearly positive. However, it is worth waiting for additional confirming factors. Do not hurry to open longs right now!
It's important to note that this strategy appeared after a 4.7% decrease and when the 90 price was significantly lower and oversold for our mysterious participant, let's call him "X".
*********To summarize, such a situation can be interpreted as clearly positive. However, it is worth waiting for additional confirming factors. Do not hurry to open longs right now!
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.