Even if there was a huge built of 7 M, CL is still moving up
1: the market is pricing the USA-China deal positively,
2: a clear bias to the upside with the supply restrictions, OPEC+ deal, sanctions
1: the market is pricing the USA-China deal positively,
2: a clear bias to the upside with the supply restrictions, OPEC+ deal, sanctions
Trade closed: stop reached:
Position was closed today as stop was reached
Trade active
Comment:
There is a divergence between the price and the MACD. Let see if the price will drop tomorrow. No short position, will normally buy on dip.
Trade closed manually