Yesterday, oil was supported twice around 71.4-7.16, and now it is around 73, which shows that oil is still mainly range-bound in the near future. The main pressure point above is around 74.5, followed by the trend suppression point of 75.4-75.6
The short-term suppression point is 73.7
Usoil:sell73.7-74
TP:73-72.7
Prudent Trading Strategy:
Usoil:sell74.5-75-75.6
TP:74-73.7-73
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Trade closed: target reached
TP:73Note
Yesterday, oil was as I predicted, reaching 73.7 and then falling to around 72.7Trade active
The existing oil has reached 73.75, so we need to observe the three resistance points of 74.5-75-75.6Note
Today's direction is correct, continue to analyze tomorrowTrade active
Oil continues to observe the resistance above today, and you can choose a suitable resistance range for selling.Note
The success rate this week is over 95%, I will continue to share my views next week
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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.
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.