D_Roff

Crude oil. Time to wait for a return to decline

Short
D_Roff Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
The goal of local growth of 57+ dollars per barrel. reached. Expectations of an escalation of the conflict between the US and Iran, probably in prices. Time to wait for a return to decline, even from a simple point of view of high volatility.
Risk: In general, lower rates should help with oil demand in subsequent months.
Trade closed: stop reached

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