CFDs on WTI Crude Oil

Short

USOIL - Heading Lower

Updated

Looks like that little bounce was a short covering shakeout and now the dominant trend has resumed to the downside 🧐.

Not advice.

Note

Oil getting smashed on OPEC news down 4% already.

The chart was already bearish.

tradingview.com/news/DJN_DN20240603005641:0/

Note

This short from up @ $83 as I posted on my previous thread btw

USOIL - Bearish Connective Wave Completing ?

Trade closed manually

Taking profit here. See linked thread above for details .

its been a really great trade.

snapshot

Note

CL1

Oil bouncing; and so taking profit in the 1:0.618 GW was ideal 🙂.

snapshot

We're into the post FED interest rate cut blow off phase for risk on markets🥳.

I have many great deep value opportunities ❕

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