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ProSTrades
Jul 12, 2020 6:30 PM

$2,000 - $4,000 Move on Crude Short

Crude Oil FuturesNYMEX

Description

CL1!

A simple forecast I am anticipating with mean reversion targets of $2 to $4 below $42.50.

Comment

Oil trade triggered short...

Comment

Free trade. Proper management at this point to its target(s).

Comment

Properly managed, you would make money on the 1st drop. If a strong conviction of the selling area, would've taken a second trade with same targets .... 1st of which was nearly hit by .30 cents.

Trade closed: target reached

1st Target met. Trade done.

Comment

Close to hitting its 2nd target.
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