Risk reward favourable for short idea. Flag erosion in the first week of the month (red circle) hinting at a sell off. Short crude risking new high 55.20+
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We'll see how it reacts to stats today
Trade ist aktiv
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Short at 54.75 on April contract
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potential short set up
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Worked
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Trade ist aktiv
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Adding to short
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stopped out of additional short
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Will take half off my short at 52.70. Could see a bounce here
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crude gets an ass kicking :D
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$50 here we come
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Covered short at 50.20
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cover closed out at entry SL on short moved to 50.20 may flip to long sub 49.40
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overall I'm bulled up but this the corrective move anticipating first