Chart pattern: Bull flag
Entry: 54.06 $ (this would end the secondary downtrend of the correction)
Stop: 51.18$
Target: 60$-65$
Stopmanagement: SAR Parabolic 4h Chart default settings
Risk:Reward-Ratio: > 2:1
Intermarket-analyses: The recent CPI data indicates that we are in an inflationary environment which cannot be solely explained with the basis effect. The energy sector was always a valid hedge against inflationary forces and compared to gold and silver it is not that strictly dependable on the development of the US10Y. The further depreciation of the dollar should also act as a tailwind for the energy sector as they both are inversely correlated.
Entry: 54.06 $ (this would end the secondary downtrend of the correction)
Stop: 51.18$
Target: 60$-65$
Stopmanagement: SAR Parabolic 4h Chart default settings
Risk:Reward-Ratio: > 2:1
Intermarket-analyses: The recent CPI data indicates that we are in an inflationary environment which cannot be solely explained with the basis effect. The energy sector was always a valid hedge against inflationary forces and compared to gold and silver it is not that strictly dependable on the development of the US10Y. The further depreciation of the dollar should also act as a tailwind for the energy sector as they both are inversely correlated.
Trade ativo
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.