📉 Oil crashes 4% after the US-Iran peace deal, the geopolitical premium just got wiped out.
$BTC $GRT $MUB
With hopes of the Strait of Hormuz reopening, traders are pricing in lower supply risks. Crude is getting hammered.
Time to short? Maybe. But after such a big drop, watch for a relief bounce first.
For now, the trend points lower as markets digest the deal.
#OilCrash #Geopolitics #TradingSignal
$BTC $GRT $MUB
With hopes of the Strait of Hormuz reopening, traders are pricing in lower supply risks. Crude is getting hammered.
Time to short? Maybe. But after such a big drop, watch for a relief bounce first.
For now, the trend points lower as markets digest the deal.
#OilCrash #Geopolitics #TradingSignal