Latest technical analysis and operative strategy released by our analysts.
Our current position’s delta: -0.30
Overview: RSI entering negative territory below 45, confirms that wave 5 has started. The target on $77.50 level was 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