As I have said long ago, I am only opening positions ABOVE 66 (SHORT) and BELOW 54 (BUY).
Time to SELL. Price still could test previous high but at 67.8x but I will be adding shorts all the way till 70 in different stakes. I have my doubts that will go any higher than that with current global circumstances.
OMPEC (Org. MANIPULATING Prices Exporting Countries) has reached its target. Anything above will backfire the fragile global economy triggering massive inflation and cracking global markets.
Time to SELL. Price still could test previous high but at 67.8x but I will be adding shorts all the way till 70 in different stakes. I have my doubts that will go any higher than that with current global circumstances.
OMPEC (Org. MANIPULATING Prices Exporting Countries) has reached its target. Anything above will backfire the fragile global economy triggering massive inflation and cracking global markets.
Trade active
So far so good ;)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.