Simple short bias day trade on US Crude Oil. There is more pain to come until they cut production massively and I believe we will likely see negative prices on 1st to expire futures contracts again.
Target set at daily S1 level
Target set at daily S1 level
Trade active
Note
Still holding this short trade. Stop loss wasn't quite reached overnight although it appears price is now above the daily pivot level and climbing. Let's see how it ends up later.Trade closed: target reached
Trade closed, some good profit on this one after it eventually dropped
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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.