US Oil (WTI) Simple Trading Plans

2024年6月26日

Oil has rallied significantly as of late on the prospect of strong summer demand, amid some geopolitical issues.

The demand that has fed in has upheld Oil strength.

We can look to form a short case on these rises;

1) Key price action areas approaching (in trend).

2) Sentiment Bias does not suit, but will upon change. Value Trading is formed on this as entries are taken PRE news sentiment changes.

2024年6月27日

註釋

Still holding off shorts until higher. Some early rejection arriving.

2024年6月30日

註釋

Avoiding entries until well into Monday. Room remains to upside for Shorts within long term trajectory.

2024年7月1日

註釋

Short Side Entries Now Applicable.

2024年7月2日

註釋

Trajectory upheld - short entries underway. Awaiting further dripping / weakness.

2024年7月5日

註釋

Full plans updated with setups.