Historically during the month of May, WTI performance net long. The recent COT report show that commercial traders are still net short but could change at any moment because balance between long and short positions. Once again with seasonality in hindsight as traders we should be wary of the that.
Technically price is below both moving averages and is further supported by price structure pattern.
Summary- Short:
Entry = 82.200
Entry 2 = 79.811
Target 1 = 79.847
Target =78.039
Plan the trade, Trade the plan!!!
Please follow and boost my ideas.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在
使用條款閱讀更多資訊。