Kumowizard

Momentum failure. Back to equilibrium

FX:USOIL   CFDs sobre petróleo (WTI)
9
Crude Oil, lost its initial strong bullish momentum. Price is back exactly to equilibrium.
Setup is neutral again. (also neutral on 4H if you check)
I have no idea what's next. If Kijun holds, then I'd be a buyer again. I still see some bigger chance for next leg up, than for bearish continuation, but of course anything can happen.

My long was closed at 45,35 avg on trailing stops. That position was still in minor profit. I was also right to close 1/3 of it at 47+ when I first saw some short term momentum loss. For now I am flat. Even if I enter long, I'd do only 0,5 unit this time.



Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.