By Barani Krishnan
Investing.com - Oil prices tumbled anew on Monday, with global benchmark Brent sinking 12%, as recession fear from the coronavirus crisis descended on markets and consultancy IHS Markit warned of a 1.3-billion-barrel crude surplus over the next six months, the biggest ever.
CONTINUE READING BELOW.....
https://za.investing.com/news/oil-enters-20-territory-as-market-warned-of-biggest-supply-blowout-ever-2053160
CRUDE OIL SHORT
CRUDE IS AT A STRONG SUPPORT LEVEL BUT MOMENTUM TO THE DOWNSIDE IS SO STRONG AND FUNDAMENTALLY I THINK THIS SUPPORT MIGHT JUST BE BROKEN WITHOUT EVEN A RETEST...
CRUDE SHORT
RISK MANAGEMENT
PERIOD SWING TRADE
1 TO 5 DAYS TRADE
Investing.com - Oil prices tumbled anew on Monday, with global benchmark Brent sinking 12%, as recession fear from the coronavirus crisis descended on markets and consultancy IHS Markit warned of a 1.3-billion-barrel crude surplus over the next six months, the biggest ever.
CONTINUE READING BELOW.....
https://za.investing.com/news/oil-enters-20-territory-as-market-warned-of-biggest-supply-blowout-ever-2053160
CRUDE OIL SHORT
CRUDE IS AT A STRONG SUPPORT LEVEL BUT MOMENTUM TO THE DOWNSIDE IS SO STRONG AND FUNDAMENTALLY I THINK THIS SUPPORT MIGHT JUST BE BROKEN WITHOUT EVEN A RETEST...
CRUDE SHORT
RISK MANAGEMENT
PERIOD SWING TRADE
1 TO 5 DAYS TRADE
Trade closed: target reached:
@ 3 Days in and the Target 🎯 is reached!