CFDs on WTI Crude OilUpdated Usoil:Has it reached the bottom?
Before, I have notified that oil can be bought gradually starting at 69.4
Oil reached a minimum of 68.8 yesterday. If you follow my strategy to buy gradually, you have made a lot of profits now. There is currently a lot of resistance near 70.8-71.
Judging from the chart, oil has temporarily moved out of the downward trend, but it needs to be observed whether it can break through the upper resistance.
So, if you follow my advice, you can leave the market at a profit now, because the trend shift is not determined once, we need to observe it multiple times.
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As I predicted, oil will not rise directlyTrade active
This week's forecast is basically correctTrade active
Have a nice weekendTrade active
I will continue to share todayTrade active
Monthly support is around 67
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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.