On the negative side, sources said that + next week’s meeting is unlikely to make any changes to oil output policy, and the latest data showed that API crude oil inventories increased by 9.337 million barrels, which has revived demand concerns. From a technical point of view, crude oil is trading sideways, and you can sell high and buy low.
as the picture shows,
Today’s strategy advice:
Go long near 80.4-80.7, tp82.5-83
As the market changes, the strategy may change. Follow me to get one-on-one accurate guidance strategies.
Trade active
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About to reach the target positionTrade closed: target reached
Has reached the TP rangeTrade active
Trade active
Trade active
Trade active
Trade closed: target reached
Perfectly reached the 83 target positionTrade closed: target reached
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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.