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Captain_Walker
22. Apr. 2019 11:22

OIL - needs to cool off!  Short

WTI CRUDE OILTVC

Beschreibung

Oil surprised and went orbital on the 1H time frame. RSI went into a sharp peak at about 84 on mid-point prices. The unexpected pump was attributed to news that the US will stop giving sanctions waivers to countries that import Iranian crude or condensate.


This 3-day time frame is tricky. Do you go long, short, or just stay out. I'm short on a lower time frame for a limited hit (which isn't a recommendation for others).

There may be opportunities approaching should a good trend switch turn up on a 15 - 30 min time frame.
Kommentare
Ronnie_Dong
ApexFX_Pro
Another Trump pump? 😉
meszaros

I agree with your analysis. In my analysis, I expect 12% corrective motion in the coming days.
Captain_Walker
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