Possible "W Pattern" Initiation After Breaking Through $64.5

6 天前

USOIL surged strongly last Friday, closing with a large bullish candle on the daily chart. Since the sharp decline on April 4th, the $64.5 level has acted as resistance on the chart. The price remained capped at $64.5 for four consecutive trading days (Monday to Thursday) last week, but Friday’s strong bullish candle successfully broke above $64.5, signaling a valid breakout. This breakout suggests the formation of a potential W-bottom pattern, paving the way for further upward movement. Crude oil is expected to continue rising to new highs in today's trading.

USOIL
buy@63.5-64
tp:64.7-65.2

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6 天前

交易進行

The market trend is consistent with our strategic analysis. Congratulations to all traders who followed the strategy!

6 天前

交易結束：目標達成

This afternoon, the first meeting of the China-US economic and trade consultation mechanism was held in London, and the meeting will continue tomorrow. As the meeting has not yet concluded, no information has been disclosed for the time being. However, this meeting is highly likely to impact market trends, and we will continue to monitor it.