2019.12.24. Crude Oil Short
Concerns over Oversupply.
*Energy Minister Rohbak's remarks that there is a supply glut
The possibility of additional production of 500,000 bpd remains in the near future
News of 30 oil refiners going bankrupt may limited the fall
There is no clear direction ahead and downward pressure is expected to prevail :)
Crude oil Short Strategy with resistances above and target zones depicted on the chart.
Thank you and Merry Christmas :)
*Energy Minister Rohbak's remarks that there is a supply glut
The possibility of additional production of 500,000 bpd remains in the near future
News of 30 oil refiners going bankrupt may limited the fall
There is no clear direction ahead and downward pressure is expected to prevail :)
Crude oil Short Strategy with resistances above and target zones depicted on the chart.
Thank you and Merry Christmas :)
Trade ativo
Trade fechado: objetivo atingido
Aviso legal
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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.