Current candle development at the time of writing looks like a shooting star so a possible reversal (highly needed) seems to be closer. I am currently shorting on every key level and protecting myself for unexpected scenarios.
If correction occurs we will revisit 75 bucks area in no time. Now it all depends on the API and EIA data.
I'm prepared for a worse scenario up to 82. Anything above that would make no sense and I would simply hedge and wait till price goes back to where it belongs 58-65 range. That's the price where everyone seems to be satisfied.
Cheers.
If correction occurs we will revisit 75 bucks area in no time. Now it all depends on the API and EIA data.
I'm prepared for a worse scenario up to 82. Anything above that would make no sense and I would simply hedge and wait till price goes back to where it belongs 58-65 range. That's the price where everyone seems to be satisfied.
Cheers.