Light Crude Oil Futures
Short
Updated

WTI Crude oil - front expiration

178
Our current position's delta: -0.30
Overview: RSI entering in negative territory below 45, confirm that wave 5 is started. Target on $77.50 level has been reached in the overnight session, where we did the first rebalance of our position's delta(from -0.45 to +0.05).
Other rebalance on the top of the channel(from +0.18 to -0.08)
Current position's delta: -0.15

First target: $77
Second target: $76.50/$76.30
Stop loss/mandatory level of rebalancing: hourly previous bar's high
Note
We consider first target reached.
Just rebalanced our position's delta (fron -0.36 to 0.05

See you all next update.
Note
We consider second target reached.
Just rebalanced our position's delta (from -0.53 to 0.05)

See you all next update.

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