CL Long Stop @ 62
Even if there was a huge built of 7 M, CL is still moving up
1: the market is pricing the USA-China deal positively,
2: a clear bias to the upside with the supply restrictions, OPEC+ deal, sanctions
1: the market is pricing the USA-China deal positively,
2: a clear bias to the upside with the supply restrictions, OPEC+ deal, sanctions
Trade closed: stop reached
Position was closed today as stop was reachedTrade active
Note
There is a divergence between the price and the MACD. Let see if the price will drop tomorrow. No short position, will normally buy on dip.Trade closed manually
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.