Oil in Resistance level, already in short positions

2023年8月31日

As peak in Oil was created arround 85usd, i expect oil to be continued down or range bettwen 82-77 and then all the way down till 67 zone

2023年8月31日

註釋

that s my view in Oil this year

2023年8月31日

交易進行

2023年9月1日

註釋

a new short on the zone, i didn't t expect a new H what will invalidate the setup, As i didn't t expect that yesterday move, but anyway every time when the oil is in liquidity zone is highly manipulated!

2023年9月7日

交易結束：達到停損點

I will update around 92 as saudi and russian cut the production to manipulate the price i believe price is unstoppable but still think FED will not allow that because of inflation and will intervene, we will see the story but as high the price as much the profit in short will be...As slowdown in economy i don t see that price as real and long term supportive (maybe only for keep the war in place for long term and selling guns)....