this is it for the crude oil ....(UKOIL)
i was reading an article online and i saw this Wile E. Coyote storyyyy '' He routinely ran off of a cliff and as long as he didn’t look down, everything was fine. But as soon as he looked down and saw that there was no ground beneath him, he fell.'' it summarize perfectly the crude oil price action these days.
my first idea was to short around 71$ but it looks like it will not happen.
so Selling at around [66.50;67.50]
stop loss [ 68.50;69.30]
Target 60 !!
trigger : we need to close below 65 level this week to validate the target.
my first idea was to short around 71$ but it looks like it will not happen.
so Selling at around [66.50;67.50]
stop loss [ 68.50;69.30]
Target 60 !!
trigger : we need to close below 65 level this week to validate the target.
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