Usoil-Market trend analysis

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Oil is still in an upward trend, wait for the right support point to buy

During the recent period, the highest point of oil was 75.8 and the lowest point was 70.5.
Daily line: 67.71 support point, 79.8 resistance point
4H: 70.5 support point, 76.18 resistance point
These three important resistance points are 76.1-76.7-77.1

I see the possibility of oil bottoming at 70. The upward trend at this stage may reach 78-80. The previous shock range has gradually broken through. At this stage, as long as it does not fall below 74 this week, it is not recommended to trade short orders.

The above is my oil analysis. The market changes rapidly. The prediction needs to be combined with the market trend to achieve expectations. The above analysis is for your reference. I will continue to follow up and share in the future.

Today’s strategy:
Usoil:buy74.5-74.8
TP:75.3-75.8-X
SL:73.8

You can make appropriate adjustments based on your trading habits and funds

Join me, I will analyze the market situation every day and give you strategies for your reference
註釋
Short-term signals are profitable again
註釋
The general direction is still upward
交易進行
If it doesn’t fall below 74 today, I think oil will continue to rise next week
註釋
This week’s success rate is over 95%, I will continue to share my strategies next week for your reference
註釋
Join me and I'll share my strategy tomorrow
註釋
Reached my target of 78-80
交易進行
I think it's still an upward trend
註釋
As I predicted, oil is still on an upward trend and has now reached 78
Technical IndicatorsTrend AnalysisCrude Oil WTIusoilideausoillongusoilsignal

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