Today's crude oil opened at $66.34, slightly higher than yesterday's low, indicating that the market has some support around $65. After Wednesday's low of $65.22, the 4-hour chart closed with a positive line with a long lower shadow, showing that bulls have strong defense around $65.
According to the current trend analysis, the price fell from $73.14 to $68.36, a drop of $4.78; it rebounded from $68.36 to $70.60, a rebound of $2.24, and a correction of about 50%. The drop from $70.60 to $65.22, a drop of $5.38, may theoretically have ended, but considering the support of the $65 mark, it may further fall below $65.
The current trend stage may be nearing its end, but the $65 mark has not been effectively broken, and the possibility of further decline needs to be paid attention to. The target below may be in the $64.00-63.00 range.
If the price stabilizes around $65, it may start to rebound, with the target in the $67.00-68.00 range. Short selling is the main method of rebounding during the day. Pay attention to the support effect of the $65 mark. If the price effectively falls below $65, short selling can be pursued, with the target at $63.00-64.00.
Trading is risky and positions should be controlled reasonably. When the opportunity comes, if you don’t know when to buy or sell, pay close attention to my real-time signal announcement or leave me a message so that you can realize the joy of quick profits.
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According to the current trend analysis, the price fell from $73.14 to $68.36, a drop of $4.78; it rebounded from $68.36 to $70.60, a rebound of $2.24, and a correction of about 50%. The drop from $70.60 to $65.22, a drop of $5.38, may theoretically have ended, but considering the support of the $65 mark, it may further fall below $65.
The current trend stage may be nearing its end, but the $65 mark has not been effectively broken, and the possibility of further decline needs to be paid attention to. The target below may be in the $64.00-63.00 range.
If the price stabilizes around $65, it may start to rebound, with the target in the $67.00-68.00 range. Short selling is the main method of rebounding during the day. Pay attention to the support effect of the $65 mark. If the price effectively falls below $65, short selling can be pursued, with the target at $63.00-64.00.
Trading is risky and positions should be controlled reasonably. When the opportunity comes, if you don’t know when to buy or sell, pay close attention to my real-time signal announcement or leave me a message so that you can realize the joy of quick profits.
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Trading signal analysis gives 65 support, and traders who rebound and go long, TP reaches the target 15%.
🎁Stable weekly profit exceeds 259.7%🎁Win rate is as high as 98.83%,✔Copy accurate trading signals✔Account management. Real-time communication: t.me/cryptoanalyst_baker
Signal entry: t.me/FcCygjylf
Signal entry: t.me/FcCygjylf
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
🎁Stable weekly profit exceeds 259.7%🎁Win rate is as high as 98.83%,✔Copy accurate trading signals✔Account management. Real-time communication: t.me/cryptoanalyst_baker
Signal entry: t.me/FcCygjylf
Signal entry: t.me/FcCygjylf
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.