WTI Crude Oil (The downward movement will get slowed)
View On WTI Oil (3 June 2019)
Back Ground: WTI used $60 as strongly resistant to it swung down BIG.
Next: I am expecting $51 to $53 will be good support region. So be careful, if you are thinking of short now. It may not go as fast as the last week did.
Target(s): No Longer Bearish
SHTF: NA
DYODD, all the best and read the disclaimer too.
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Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Back Ground: WTI used $60 as strongly resistant to it swung down BIG.
Next: I am expecting $51 to $53 will be good support region. So be careful, if you are thinking of short now. It may not go as fast as the last week did.
Target(s): No Longer Bearish
SHTF: NA
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Comment:
Updated View On 6 June 2019
The view is still the same with a minor mod.
The price may range bounce from $50 to $53 region, as if it is proven to be good support, we shall see the rebound UP thereafter.
So, take some profit if you have short positions now. Go long only if you can withstand the whipsaw.
The view is still the same with a minor mod.
The price may range bounce from $50 to $53 region, as if it is proven to be good support, we shall see the rebound UP thereafter.
So, take some profit if you have short positions now. Go long only if you can withstand the whipsaw.
Comment:
Updated View On WTI USD (15 June 2019)
As we expected. the sell down on Crude has slowed down and it is going into a range mood.
Once the market had enough position swaps, we shall the return of the BULL move. Let's see.
As we expected. the sell down on Crude has slowed down and it is going into a range mood.
Once the market had enough position swaps, we shall the return of the BULL move. Let's see.
Comment:
Updated View on WTI (21 June 2019)
Good Boy Oil.
As we expected, the sell down had slowed down and it has started to rise.
It is advisable to stay on the LONG side.
Good Boy Oil.
As we expected, the sell down had slowed down and it has started to rise.
It is advisable to stay on the LONG side.
Comment:
Update View On Crude Oil WTI (1 July 2019)
Did you follow our BULLishness for the past weeks?
It will touch $60 easily soon.
Did you follow our BULLishness for the past weeks?
It will touch $60 easily soon.
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As expected, we are seeing the early sign of "less" bearishness.
The price may range bounce from $51 to $53 region, as if it is proven to be good support, we shall see the rebound UP thereafter.
So, take some profit if you have short positions now.