USOIL: Today’s crude oil analysis summary
Updated
Today crude oil sold according to the recommendation I gave in the morning, and then fell 200pips,
But it should be noted that it did not fall below the previous low.
Therefore, the market outlook does not rule out another breakthrough after sideways consolidation, hitting the 76 high point I talked about on Monday and Tuesday.
But no matter what, on the 4H chart and 1D chart, it can be seen that it is in the rebound trend of the downward trend, so the upper space is limited, and it is expected to be around 76, but once it returns to the downward trend, the lower space is very large.
I will continue to analyze the specific market trends with you on Friday, please pay attention↓
But it should be noted that it did not fall below the previous low.
Therefore, the market outlook does not rule out another breakthrough after sideways consolidation, hitting the 76 high point I talked about on Monday and Tuesday.
But no matter what, on the 4H chart and 1D chart, it can be seen that it is in the rebound trend of the downward trend, so the upper space is limited, and it is expected to be around 76, but once it returns to the downward trend, the lower space is very large.
I will continue to analyze the specific market trends with you on Friday, please pay attention↓
Trade active
Trade active
Trade active
Trade active
Trade active
Join my Telegram channel
t.me/Makemorecoins
✅Free Analysis and Signals
✅Technical Support
✅profit cooperation
t.me/Makemorecoins
t.me/Makemorecoins
✅Free Analysis and Signals
✅Technical Support
✅profit cooperation
t.me/Makemorecoins
Related publications
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.