CFDs on WTI Crude Oil
Short
Updated

Oil Market Analysis | Post Output Cuts | Full Detail Analysis

2133
Hey Traders,

So we saw news lately regarding output cuts.

This increases Buy Side Sentiment and hence you've seen a rise in value.

For this reason, we can start to plan shorts to catch falls in the market.

Watch to learn more.
Note
Looking short into next week at higher pre determined short zones.
Note
Awaiting higher moves into next week to short.
Note
PS keep eyes on oil news.
Note
Entering short
Note
In shorts now.
Note
Holding short PRE news.
Note
Still maintaining shorts post news. Watch out for oil sentiment as it is remaining strong.
Note
Further US news today may dictate further moves.
Note
Any short entries, make them light.
Note
Holding shorts into weekend.
Note
Read oil news this weekend to brush up.
Note
oil continues to accelerate (unsuprisingly). Look at your M charts and candlewicks higher for spread entry.
Note
Slight dip. Looking long much lower.
Note
Holding off entries until at least circa 98$+
Note
Oil sentiment paused. awaiting further news and maintaining light short bias.
Note
exit any shorts. Light longs available.
Note
Make sure you are out all shorts by 84. Longs within new uptrend available
Note
Entered long

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.