The trend of crude oil will continue to fall, and the previous trend is very dangerous and distorted. Shorting is currently feasible around 83.5. The current trend chart is running downward and upward slowly, which is a signal to seize the opportunity.
Target 80.5
Trade active
Pay attention to shorting 81.5 today.
Trade active
81.5 reached today.
Trade closed: target reached
80.46
Note
If the next support level falls below 79.8, we can wait for 77.2.
Note
Waiting for 77.2
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Crude oil rebounded to the 80.55 area today to short
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81.8-82.1 to short
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Today's target is 78.5
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Crude oil currently maintains a high level of volatility in the daily trend. At present, the K-line continues to be under pressure and the short-term moving average is running. In the short term, focus on the support of the 78.5 area.
Note
New support level. 78.21 Waiting for 77.2
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80.25-80.4 SHORT 78.82
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Today's target has been achieved. Every time the profit is greater than the stop loss, our account can only achieve the inevitability of profit in the long run
Note
will be 81.22
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80.8 to short 79.68-79.82 long
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Focus on 81.22. This point is the most important signal.
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Crude oil needs to pay attention to 79.7, if it does not break, it is expected to continue to be bullish
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79.8 LONG. Target 80.7
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WAITING FOR 81.22
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Crude oil continued to rise due to several factors. EIA crude oil inventories fell sharply. U.S. economic data continued to weigh on interest rate cut expectations, and the dollar fell. Russia and Saudi Arabia may extend production cuts.
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In my other post I reached the goal of 82.32 that I said yesterday. 80.91 long 82.32 Let's wait together for 84.87
Note
It has reached 80 now. Will it reach our target of 84.87 today?
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