USOIL, sell high and buy low to participate

By ActuaryJ
Updated
Technical analysis of crude oil
Daily resistance 83.4, support below 79
Four-hour resistance 81, support below 80-78.5

Crude oil operation suggestions: Crude oil 4-hour chart is still shrinking and consolidating, and short-term contraction and shock are waiting to accumulate momentum to open up space. In the short term, there is still an expectation of further downward adjustment. Today's upper resistance focuses on the opening of yesterday's hourly line around 81.3-81.5. The intraday rebound relies on this position to continue to look down with the main short. The short-term support below focuses on 79.7-79.5. The European and American markets stabilize at this position once more and then look at shocks and rebounds. Sell high and buy low (At the same time, beware of the technical changes and there is also a warning of a sharp drop and wash)

SELL:80.7near SL:81.10
SELL:82.0near SL:82.40
SELL:83.4near SL:83.70
Technical analysis only provides trading direction!

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Friday 28/6
Technical analysis of crude oil
Daily resistance 83.4, support below 79
Four-hour resistance 81, support below 81.3-80

Crude oil operation suggestions: Yesterday, crude oil stabilized at the 80.5 mark and ushered in a shock rebound and strength. The overall price repeatedly fluctuated and saw at the 80 mark and stabilized and ushered in an upward breakthrough again. In the short term, oil prices returned to the bullish strong area. Today's lower support focuses on yesterday's hourly neckline at the 81 mark. Intraday retracements rely on this position to continue to be bullish. The short-term bullish strength and weakness watershed focuses on the 81 mark. The daily level stabilizes above this position and continues to follow the trend and go long. Be cautious when shorting against the trend. (At the same time, beware of the technical aspects of the change in the market and the warning of a sharp drop and wash)

SELL: 82.0near SL: 82.40
SELL: 83.4near SL: 83.70
BUY: 81near SL:81.7

Technical analysis only provides trading direction!
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Fundamental AnalysisTrend AnalysisCrude Oil WTIusoilanalysisusoilshortusoilsignalusoiltradeWave Analysis
ActuaryJ
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