WTI USOil Setting for Short Trade?

5 oct. 2022

USOILSPOT

TRADE PLAN
INSTRUMENT: USOil
TIMEFRAME: DAILY
DESCRIPTION
Although fundamental drive illustrates that OPEC+ will cut oil production by 2mil barrel a day going forward, our Technical Outlook suggests that USOil Price will continue to fall untill we arrive at 70.00. The current rally appears a sentiment drive.

We will look to short the market when price visit a 55EMA with some confirmation to short for completion of Daily Bat Pattern.

Updates to follow.

Disclaimer
Charts are educational not investment recommendations

14 oct. 2022

Transaction en cours

as predicted

12 déc. 2022

Trade fermée: cible de profit atteinte

Thank you all for trading with us.

See you in the next one.