Crude oil in early trading showed 77.2, the lowest point in more than a few days, in the profit-making period. In the evening, focus on the pressure in the 78.5-78.7 range. After the pressure consolidation, you can intervene with empty orders. Crude oil operation is recommended to sell at 78.5-78.7, risk control 79.0, target 77.2-76.5.
Crude oil is bullish for several reasons: 1. The rebound pattern of crude oil is relatively complicated, and it has evolved into a double three-wave pattern at present, and there is still a high point in the short term. 2. The intraday pressure is 78.5~79.0, and the support is 77.2~76.5.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.