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Wednesday, May 05, 2021

πŸ’‘ Crude Oil: the market maker is already at a loss!

πŸ’‘ Crude Oil: the market maker is already at a loss!

WTI CRUDE OIL TVC:USOIL

🌐 During the Asian trading session, crude oil quotations have consolidated above the market maker's loss initiation level (66.20).
The main scenario for today is a successful test of the balance of the day (65.70) and a subsequent rise to the hedge zone premium level (67.06).
⚠️ In case of breakdown and fixation below the level of 65.70, we expect realization of the alternative scenario - decrease to the limit buyer (64.99).
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