Hello:
As I mentioned in the last post, I closed most of my longs at 27, and I think that last bounce was wave 5 already. I think oil is going to be bearish in this short term, and engaged a decent amount of shorts to hedge my portfolio(overall its shorting oil at this moment.) I think oil is probably going to dip to 24.2 level, and if you want to play safe(which is what I am doing), I will close most of my shorts at 24.80(50% of my shorts), 24.5(another 30% of my shorts), and close 10% at 24.1.
Good Luck
As I mentioned in the last post, I closed most of my longs at 27, and I think that last bounce was wave 5 already. I think oil is going to be bearish in this short term, and engaged a decent amount of shorts to hedge my portfolio(overall its shorting oil at this moment.) I think oil is probably going to dip to 24.2 level, and if you want to play safe(which is what I am doing), I will close most of my shorts at 24.80(50% of my shorts), 24.5(another 30% of my shorts), and close 10% at 24.1.
Good Luck
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.