We are closing our long position at $3,600 after hitting our secondary target. With RSI at 74.40 signaling extreme overextension and a cooling "Hormuz" risk premium, the probability of a technical mean-reversion is rising. We are exiting now to lock in maximum gains before potential consolidation. Trade Closed.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.