Hey traders, I think crude oil is about to reach a short position, what do you think?
From the 4-hour chart, the pressure of crude oil is around 77-77.2. If it does not break through 77.3, then the strategy can be shorted around 77-77.3. The target is first around 75.5, and after it breaks, look around 74.
If it reaches near 74 to form a support, then backhand to do more.
If you agree with my point of view, welcome to pay attention
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.