CRUDE OIL SHORT after FAKEOUT
Hey tradomaniacs,
previous Tweet from Trump caused much shakyness in the Stockmarket due to the fact that hope for a coming stimlus in the near future.
As President Trump told representives to stop until after the election all hope for further stimulus in the near future is apparently gone... well at least it makes it less likely to see a stimulus soon.
As mentioned a lot of time last week it is the current number one topic of the market as more liquidity is one of the tools the central banks use to support the economy with consume and investments.
A continuation could cause trouble for CRUDE. Technically we see a nice progression of a fakeout and so probaböy a nice chance to short as soon as Curde closes below the trendlone and marked-up support-zone.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
previous Tweet from Trump caused much shakyness in the Stockmarket due to the fact that hope for a coming stimlus in the near future.
As President Trump told representives to stop until after the election all hope for further stimulus in the near future is apparently gone... well at least it makes it less likely to see a stimulus soon.
As mentioned a lot of time last week it is the current number one topic of the market as more liquidity is one of the tools the central banks use to support the economy with consume and investments.
A continuation could cause trouble for CRUDE. Technically we see a nice progression of a fakeout and so probaböy a nice chance to short as soon as Curde closes below the trendlone and marked-up support-zone.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
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