CLU19,Hold long and go for hedge short

CLU19,Hold long and go for hedge short

 

 
Of course I hold the long (L1) at 50.90 area. Currently, its unrealized gain expand about 350 ticks. It is very seldom in currencies trading to gain 350 ticks in two days but it often happens in crude oil trading. This is why I trade crude oil mainly.
 
In 60-minute chart, it is not difficult to see this price movement.After single bottom, price was flat and cloud turned positive then you saw the second stage of the rise.
 
I can imagine next movement. After the revision to MA26 (ultraviolet) and BB centerline, we could see the third stage of rise. Therefore, I believe that the current area is a scene of a hedge short. However, it may be difficult to do outright short. Because it sometimes happens that the price is flat and the MA26 and BB centerline catch up.
 
 

 

 

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