Close enough to take some profits, keeping half of the position and hopefully get a new entry around $74 again perhaps tomorrow, time will tell. Next TP around $80.
Glta & stay safe.
@Osint613 Other than that, why do you spend more money? Because you have more money. because you control the money and the decisions being made globally because of the reasons previously stated, being the worlds reserve currency and all that. Or no?
Haha here we go again.
"GENUINE OVERSUPPLY" in a parallel universe, sure looks like it over there right Mr. minister? Walk that wank straight off the plank.
@JavierBlas WTI following Brent into contango closes the loop, both benchmarks now signalling the same structural read, not just a Brent specific Hormuz unwind. Harder to read this as anything other than a genuine oversupply signal building underneath the headline price.
$USDJPY Could see lower but $160 is a solid entry if you can hold and wait, jmo though. You do you!
$170 this year is definitely not out of the question.
Glta & stay safe.
$USDJPY out of half LPs here. Hit a longterm resistance at 162.4s.
I know I said 163 minimum but one got go with the flow. That said we aren't done by any means, one just might get a better entry lower first. Possibly around $160.
Been a good run so far.
Glta & stay safe.