In the medium term, because the lower edge of the channel has been broken, the short force is relatively dominant, and crude oil may face certain downward pressure.
However, today's crude oil prices are affected by tightening expectations on the supply side, geopolitics and other factors, and the short-term trend is strong, and there is a certain upward momentum on the technical side. Investors need to pay close attention to the breakout of key support and resistance levels.
OIL Today's strategy
buy@67.5-68
tp:69-69.5
We share various trading signals every day with over 90% accuracy
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However, today's crude oil prices are affected by tightening expectations on the supply side, geopolitics and other factors, and the short-term trend is strong, and there is a certain upward momentum on the technical side. Investors need to pay close attention to the breakout of key support and resistance levels.
OIL Today's strategy
buy@67.5-68
tp:69-69.5
We share various trading signals every day with over 90% accuracy
Fans who follow us can get high rewards every day
If you want stable income, you can contact me
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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.