Gasoline Long: Still AliveGasoline is still alive!! Trading inside of an expanding triangle, price has confirmed a "double bottom rejection" at triangle support. The actual double bottom won't be confirmed unless price breaks and closes above the neckline, which would potentially give me another trading opportunity as well.
GASOLINEHi my friends if you want to buy oil now dont do that because oil is overbought and over extended but in opposite side you can long gasoline (one of the most important product of oil)
and by doing that : you have followed hedging in your positions by doing that......boost my post and send it to your
#Gasoil UpdateThe Gasoil chart also has several alternatives to how it can shape the end of the uptrend. I indicated them on the chart below. Black labels mark the alternative scenario. Probability is not much different from each other. In summary, we have to prepare for a volatile environment which would be diff
#Gasoil Update Gasoil Elliott Wave story is less controversial than Crude Oil story . The price rests on Moving Averages support and Gasoil crack appears to be on an upward trend too. This suggests that refinery margins are likely to improve.
In practice, this means that Gasoil prices are likely to grow faster
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