There is still room for crude oil to fall, and the rebound is wa
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You and I are friends, each take an apple and exchange with each other, and each still has an apple after the exchange; if you have a thought, I also have a thought, and friends exchange ideas, then each of us has two thoughts .
After crude oil fell back last night, it remained volatile within the day today and has now pierced the low point of last night. There is still room for short-term short positions, so continue to maintain a bearish high-altitude thinking at night. Crude oil operation is recommended to sell at 77.85, risk control 78.3, target 76.80~76~75.50.
Crude oil is bearish for several reasons:
1. Crude oil is currently in the daily range of shocks, and short positions have fallen back again due to the impact of interest rate hike expectations.
2. According to my personal analysis, the current trend is still regarded as the upgraded X-wave c. Referring to the structure of X-wave a, there is still room for downside in the short term, and then it will go up again.
3. The intraday pressure is 77.85~78.30, and the support is 76.60~75.50.
Traders, if you like this idea or have your own opinion about it, please write in the comments. I will be happy 👩💻
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