Choose to go short at high levels for crude oil

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The price of crude oil is still fluctuating within a range and lacks clear directional momentum. The outlook remains bearish until it breaks through the $63.70 mark or there are clear factors stimulating demand. In the short term, the trend of oil prices is likely to remain confined to the current range. In terms of trading suggestions, it is advisable to mainly go short and go long as a supplement.

Oil trading strategy:
sell @ 61.90-62.10
sl 62.80
tp 61.20-61.00

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