After breaking below the lower edge of the range, the medium-term trend of crude oil has been continuously moving in a secondary oscillation around low levels. In terms of momentum, neither the bullish nor bearish momentum has significantly overwhelmed the other, and there has been no continuation of the bullish trend.
Regarding the support level, we should first consider the 68.5 mark, which was an important resistance level that the oil price previously broke through. For tomorrow's trading operations, it is advisable to mainly consider selling at highs.
USOIL Trading Strategy:
Sell@70-70.5
TP:69-68.5
Get daily trading signals that ensure continuous profits! With an astonishing 90% accuracy rate, I'm the record - holder of an 800% monthly return. Click the link below the article to obtain accurate signals now!
Regarding the support level, we should first consider the 68.5 mark, which was an important resistance level that the oil price previously broke through. For tomorrow's trading operations, it is advisable to mainly consider selling at highs.
USOIL Trading Strategy:
Sell@70-70.5
TP:69-68.5
Get daily trading signals that ensure continuous profits! With an astonishing 90% accuracy rate, I'm the record - holder of an 800% monthly return. Click the link below the article to obtain accurate signals now!
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.
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.