USOIL-SELL ++++
No change in view.
I have added SELL $ 113.50 and will see how Monday start looks like. I will add further up and now have an average short @ $ 109.30 with low leverage.
he conditions are overbought on short-term and medium-term basis, but we understand spikes can happen, but dips as well as we have seen last week.
Strategy for new SELL at current $ 114-115.50 and add $ 118-120, but keep small leverage to protect yourself. For adding, ADD SELL $ 118-120 area (you might have added $ 113.50 as I had written on my analysis). Profit order 25% @ 107.50, 25% @ 102.50 and rest @ 95.75.
I have added SELL $ 113.50 and will see how Monday start looks like. I will add further up and now have an average short @ $ 109.30 with low leverage.
he conditions are overbought on short-term and medium-term basis, but we understand spikes can happen, but dips as well as we have seen last week.
Strategy for new SELL at current $ 114-115.50 and add $ 118-120, but keep small leverage to protect yourself. For adding, ADD SELL $ 118-120 area (you might have added $ 113.50 as I had written on my analysis). Profit order 25% @ 107.50, 25% @ 102.50 and rest @ 95.75.
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