US Oil (WTI) Simple Trading Plans

26 ביוני 2024

Oil has rallied significantly as of late on the prospect of strong summer demand, amid some geopolitical issues.

The demand that has fed in has upheld Oil strength.

We can look to form a short case on these rises;

1) Key price action areas approaching (in trend).

2) Sentiment Bias does not suit, but will upon change. Value Trading is formed on this as entries are taken PRE news sentiment changes.

27 ביוני 2024

הערה

Still holding off shorts until higher. Some early rejection arriving.

30 ביוני 2024

הערה

Avoiding entries until well into Monday. Room remains to upside for Shorts within long term trajectory.

1 ביולי 2024

הערה

Short Side Entries Now Applicable.

2 ביולי 2024

הערה

Trajectory upheld - short entries underway. Awaiting further dripping / weakness.

5 ביולי 2024

הערה

Full plans updated with setups.