Asia, Europe waiting for the US Oil! Possible climb to the 48:85
I guess the supply glut is already priced in the market, a new build won't be a surprise for many traders, but what might be shocking a good draw!
I will trade a 1 long round trip (possible entry at 48:19 or 48:15) with a SL of 20 ticks.
If the US open takes this above the 48:40 you will see it climb close to the 49 handle (48:85)
Possible exhaustion shorts to be formed if we hit the high of the day. If you hit your target try a second short return round trip.
If you your trade goes ITM, try to run it things are getting interesting from here. If you hit your stops stop trading.
I will trade a 1 long round trip (possible entry at 48:19 or 48:15) with a SL of 20 ticks.
If the US open takes this above the 48:40 you will see it climb close to the 49 handle (48:85)
Possible exhaustion shorts to be formed if we hit the high of the day. If you hit your target try a second short return round trip.
If you your trade goes ITM, try to run it things are getting interesting from here. If you hit your stops stop trading.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.