WTI Crude (Mind Your Swap, Mind Your Head)
Updated
Updated View On WTI Oil (13 APRIL 2020)
Finally, the omen (MAY contract) is over.
It is still under STRONG DOWNTREND.
Please mind the crazy swap that you will need to pay before you open any new trades.
To turn bullish, we need a decent bullish candle and it is not appearing just yet.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Finally, the omen (MAY contract) is over.
It is still under STRONG DOWNTREND.
Please mind the crazy swap that you will need to pay before you open any new trades.
To turn bullish, we need a decent bullish candle and it is not appearing just yet.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Note
Updated View On WTI Oil (29 APRIL 2020)Did you take my warning on not-to too rejoice on the OIL output cut?
It was a slaughter and oil(this CFD) dropped from $28 region to $12.
Now it is doing yoyo near $12 as the oil price awaits for FED news tonight.
We may see a minor rebound as it can be considered as too oversold but please keep in mind that the global demand for crude oil is not picking up as long as lockdowns continue.
The demand shall only pick up if the countries start to open up
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