OIL, Winter is coming...
Updated
What a bloody day and more to come. A lot of people might ask why? And How That's possible? Is this a bullish sign? Are they gonna pump it out? Moon!? The answer of all of these questions are a simple "No"!
But why?
First, institutional moneys from both big investors and governments are moving to safe haven in order to keeping them away from loss or less
Second, Some people or governments for dealing with current situation need money. So they will dump every share they have whatever it takes. They start with whatever they have more or whatever they don't need first. Oil of course, is the last thing you want to keep in Corona Virus crisis.
Now what will happen?
We're gonna go up for a few days for hunting some newbies, market now needs some fresh money. Then we tank down to target
But why?
First, institutional moneys from both big investors and governments are moving to safe haven in order to keeping them away from loss or less
Second, Some people or governments for dealing with current situation need money. So they will dump every share they have whatever it takes. They start with whatever they have more or whatever they don't need first. Oil of course, is the last thing you want to keep in Corona Virus crisis.
Now what will happen?
We're gonna go up for a few days for hunting some newbies, market now needs some fresh money. Then we tank down to target
Trade active
Playing in the area, as it should beBe careful a huge wave will come soon
Trade closed: target reached
Target reachedThis was a good and nice trade. ez money :)
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