First off, well done to my signals group who have taken some good profits with me on Oil over the last month or so, along with USDCAD shorts. We have made some fantastic money off these trades alone.
As you all know I like to hit Oil and I usually find the right opportunities to short Crude as well. I really like this set up, and I think the bears will now feel compelled to short this on synergy into the lows, due to this effectively being an open goal for the bears.
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Best of luck