Hey Everyone!
So I'm still in this position short; however, it's looking like we're gunna get one more up move (likely a very quick/volatile move).
Keep a close eye on $60 - $60.25 psychological levels. IF I get taken out at breakeven, I'll be looking to enter from these levels w/ a tight stop and target at $50/barrel.
I'll post again on my re-entry if this scenario plays out, so be sure to give me a follow so ya don't miss it!
So I'm still in this position short; however, it's looking like we're gunna get one more up move (likely a very quick/volatile move).
Keep a close eye on $60 - $60.25 psychological levels. IF I get taken out at breakeven, I'll be looking to enter from these levels w/ a tight stop and target at $50/barrel.
I'll post again on my re-entry if this scenario plays out, so be sure to give me a follow so ya don't miss it!