It has been choppy and extreme reaching above $ 1,970 and then down to $ 1,889.
The move down likely due to Russian Central bank offloading for reserves purposes to support the RUB.
the crisis is still there, and I feel that the sharp decline offers opportunity to go LONG again.
Strategy BUY $ 1,885-1,890 for a move back to $ 1,953 for now being our profit order. I suggest placing stop-loss $ 1,848 (financial stop).
The move down likely due to Russian Central bank offloading for reserves purposes to support the RUB.
the crisis is still there, and I feel that the sharp decline offers opportunity to go LONG again.
Strategy BUY $ 1,885-1,890 for a move back to $ 1,953 for now being our profit order. I suggest placing stop-loss $ 1,848 (financial stop).