I've been looking to get short on oil for a while due to signs of a world slow down. Given the strength of the previous short from Oct 2018 it could be a very profitable trade. Timing is everything in trading so I'm not saying this is definitely the right time for a short but if it is I wouldn't like to miss it. Spend 5 minutes to see why I've entered another short oil trade.
This is not investment advice
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I'll update this idea as it develops (even if it doesn't go well for me) so follow for the updates (telegram link below)
Steve Nixon
Trainer & Mentor @logicfxtrading
This is not investment advice
Please remember to share and like.
I'll update this idea as it develops (even if it doesn't go well for me) so follow for the updates (telegram link below)
Steve Nixon
Trainer & Mentor @logicfxtrading
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Price has pushed further up since I posted this idea - Don't enter the trade unless it drops and gives us a short trade set up. This may not be an ending diagonal
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