Wilson Trade
Wilson Trade личный блог
14 августа 2023, 01:23

⚡️ Good shorting opportunity in Crude Oil 🛢️

Good day traders,on Friday, to my mind, there was a good shorting opportunity in Crude Oil and the price did not go far from the entry point. Next week we can see falling to 81,5 price level and lower. As major stop-losses liquidity is under 78,70$ per barrel.

⚡️ Good shorting opportunity in Crude Oil 🛢️

Hedge funds, according to COT data are very active in accumulating longing positions, and it fixed above the technical horizontal level on the daily chart. 

Market makers could absorb that liquidity and unload it lower.

Moreover, the activity in Put options is stronger than in Calls and the minimum payouts level is also much lower. So I am 🐻 bearish in crude oil, if you also think so, put 👍 and have a nice Sunday!



2 Комментария
  • Stanis
    14 августа 2023, 08:52
    Any ideas about NG moving this week?

Активные форумы
Что сейчас обсуждают

Старый дизайн
Старый
дизайн