Public trading strategy
Peace deal floods the market with oil — short the pump and ride energy prices lo
Thesis
The breakthrough US-Iran peace deal allows Iran to start selling oil immediately, meaning the global market is about to be flooded with extra supply. Big Wall Street banks are already slashing their price forecasts, and the overhang of extra oil will likely keep pushing prices down. This is a classic case of too much supply chasing too little demand, which breaks the floor under oil prices.
Strategy approach
Build a rule-based momentum strategy that enters short on USOIL (WTI Crude) using the 4-hour (H4) timeframe. Entry condition: price closes below the 20-period EMA and RSI(14) crosses below 50. Exit condition: price closes above the 20-period EMA OR RSI(14) drops below 30 (oversold). Implement a 3% trailing stop to lock in downside profits.