Bros, from the perspective of crude oil news, the OPEC+ production cut agreement continues to ferment, and the US API crude oil inventory has decreased by 3.2 million barrels. Yesterday, crude oil rebounded quickly after falling back to the lower support of 69.4, and the rapid rise once came to around 71.8, and the staged bottoming was basically completed. At present, crude oil has stabilized above the 70 mark, so the operation strategy is to look at the long position of 70-70.5. The support below pays attention to the daily SMA10 moving average of 69.5, and the resistance above pays attention to yesterday's high of 71.8 and the 1H Bollinger band upper rail of 72.0. Pay attention to the weekly SMA60 moving average of 75.0. Taken together, crude oil today is mainly bullish on pullbacks, supplemented by shorts on highs. 70-70.5 can be long in batches, with the target of 71.5-72, and continue to hold the breakthrough level.
🎁BUY 70-70.5
🎁TP 71.5-72
Many friends who have read my posts have reported that my trading ideas and strategies are very helpful to them. I always firmly believe that profitability is the criterion for measuring strength, and seizing the opportunity is the key to victory. I will post every day to share my trading strategies and ideas for free. If you have just entered the market and don’t know how to make more profits, if you are already in it but the harvest is not ideal, then you might consider taking a look at my profile.
USOIL
🎁BUY 70-70.5
🎁TP 71.5-72
Many friends who have read my posts have reported that my trading ideas and strategies are very helpful to them. I always firmly believe that profitability is the criterion for measuring strength, and seizing the opportunity is the key to victory. I will post every day to share my trading strategies and ideas for free. If you have just entered the market and don’t know how to make more profits, if you are already in it but the harvest is not ideal, then you might consider taking a look at my profile.
USOIL 
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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.