Preferred direction: SELL
Comment: Sell-deal by oil is also relevant. Recent events in the OPEC arena did not have a positive impact on oil, and the decline continued. At the moment, the transaction has been moved to breakeven, and part of the profit has been fixed. However, on Thursday, there is a good opportunity to take a closer look at short-term short. The main trigger for this will be the continued formation of balance.
The target for the fall of such a short-term deal coincides with the medium-term deal at the level of 72.36. It should be noted that the instrument continues to trade near the minimum of last year, which is very dangerous for buyers since today, most likely, the long-term trend will be directed exactly below this threshold of last year.
Thank you for like and share your views!
Comment: Sell-deal by oil is also relevant. Recent events in the OPEC arena did not have a positive impact on oil, and the decline continued. At the moment, the transaction has been moved to breakeven, and part of the profit has been fixed. However, on Thursday, there is a good opportunity to take a closer look at short-term short. The main trigger for this will be the continued formation of balance.
The target for the fall of such a short-term deal coincides with the medium-term deal at the level of 72.36. It should be noted that the instrument continues to trade near the minimum of last year, which is very dangerous for buyers since today, most likely, the long-term trend will be directed exactly below this threshold of last year.
Thank you for like and share your views!
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Trading idea is relevant
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