Today's crude oil trading analysis
Updated
Today's crude oil trading analysis
Yesterday, crude oil continued to fluctuate upwards, and the second time it tested high, it looked around 80.7, but it has not yet formed a breakthrough. The recovery range in late trading was within 80.0, and the daily closing line had an upper shadow line, which is still in the stage of shock and rise. At this stage, it is being set The upper track of Linguan is oscillating and is expected to break through the upper track.
From the daily chart, crude oil is expected to continue to fluctuate upward along the upward trend line in the short term. In the short term, buy at low prices.
Recommendation: Buy crude oil at $79.6
TP 80.5
SL 78.6
Note
Listen to my signal and advocate seeking victory in stability and not making rash advances. Crude oil prices are now close to the lower support point, and it is predicted that they will bottom out and rebound when they reach the low point. Prices will then increase.Note
At this moment, crude oil prices have reached a low and are oscillating around $78.
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