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Tag Archive for: price spike

Spencer Li

Oil Prices Spike After Attack on Saudi Arabia Facilities

Market Analysis
crude oil 170919

Yesterday, oil prices spiked after crude oil facilities located in Saudi Arabia was attacked by terrorists, shutting down up to 5% of global crude oil output.

This was a large 10-20% move in prices, and was an easy trade to ride on the trend and momentum.

 

Oil Prices Spike After Attack on Saudi Arabia Facilities

There were 3 entry opportunities, 2 of which were flagged out in our “Daily Trading Signals”.

 

Daily Trading Signals

If you are inside our Free Telegram Channel, you would have seen that Crude Oil (WTIUSD) is currently on a weak bull trend, which means that we should be looking for opportunities to go long and ride on the uptrend.

 

Daily Trading Signals 2

For those subscribed to our premium “Daily Trading Signals”, the precise signal for entry came at 6.00am, when prices made a new 44-day high, and within 3 minutes had spiked to an 83-day high.

There are usually 5-10 trading signals a day, or even more, but the important thing is to trade consistently on the signals and manage your risk well, so that you can take advantage of all these opportunities.

Good luck, and trade well!

0 Comments/by Spencer Li
https://synapsetrading.com/wp-content/uploads/2019/09/crude-oil-170919.png 947 1571 Spencer Li https://synapsetrading.com/wp-content/uploads/2019/10/logo.jpg Spencer Li2019-09-17 00:47:572022-03-07 16:12:52Oil Prices Spike After Attack on Saudi Arabia Facilities

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