Before the meeting, crude oil is expected to analyze the trend

2 days ago

Crude oil has fluctuated and broken down today. After the bulls rose and tested the resistance level of 62.0, the oil price broke down and was under pressure. The market will focus on whether the shorts will continue. Henry believes that the oil price is under pressure again and there is a probability of testing the previous low again. Today, we consider rebounding short selling first, supplemented by low long selling. Pay attention to the resistance of 61.5-62.5 US dollars above and the support of 60.0-59.0 US dollars below. If the oil price breaks through 61.5 US dollars/barrel, it will stop the expected bearish trend and push the oil price to regain the main shock trend.
It is expected that today's oil price will be traded between the support level of 59.0 US dollars/barrel and the resistance level of 61.8 US dollars/barrel.

yesterday

Note

Henry pointed out that crude oil is supported at 60 and rose to 61.5 as resistance. The market trend is completely consistent and the trading signal continues to be valid. This is favorable.

8 hours ago

Note

The precise target of 62.5 was achieved, completing the expected consistent upward trend, and the long position was profitable, man.

keen_analyst_henry

Good at solving all trading problems, doubling the account in a week, and making a stable profit of 300% in a month
🚀Private VIP: t.me/HenryDovitt
👍Market exclusive signal: t.me/Henryffjyfylffc108

Also on:

Disclaimer

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.

keen_analyst_henry

Also on: