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Ice_and_Fire1

Waiting for a rebound to go short.

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CFDs di Minyak Mentah WTI (TVC:USOIL)  
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TVC:USOIL   CFDs di Minyak Mentah WTI
Trend Analysis Chart Patterns Technical Indicators Oil usoilshort usoilforecast usoiltrend wticrudeoil wticrudeoilsignals DJ FXCM Index brent
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trendanalysis chartpattern indicator oil usoilshort usoilforecast usoiltrend wticrudeoil wticrudeoilsignals usdollar brent
snapshot



In the early Asian session, US oil traded near $77.20 per barrel. On Tuesday, crude oil plummeted more than 4%, affected by Chairman Powell's speech exacerbating concerns about interest rate hikes and a stronger dollar. Powell stated to lawmakers on Tuesday that the Fed may need to raise interest rates more than expected to respond to strong recent data, which led to a downturn in most financial markets. Today, shorting is favored in crude oil. Strategy suggestion: Sell crude oil near $78.3-$78.5 with a stop loss at $79.2 and a target near $76. I will also give an alert once it reaches the target.

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USOIL XAUUSD

Komen:
The market has not provided any opportunities, and we are currently maintaining a wait-and-see approach.

Idea Berkaitan

Ice_and_Fire1
Buy crude oil at 78.5.
Penafian

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