UnknownUnicorn64583787

Usoil:Will it still fall?

Short
TVC:USOIL   CFDs on WTI Crude Oil

Oil, I have been reminding that it is a downward trend. After falling below the important support of 80 yesterday, it accelerated its decline, reaching a minimum of 76.5.

Now that the trend has appeared, follow the trend and wait for the intraday rebound to sell.From a technical point of view, the unilateral suppression points of the daily line are 77.8, 78.3, 79

However, a rapid decline will definitely bring a certain rebound, so if you want to win a rebound, you can support a small amount of buying in the early stage of 76.5, because it is a downtrend, strictly set the stop loss to increase your success rate and reduce your losses.

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Trade active:
Oil is still falling, observe the support of 76
Comment:
76 supported twice, and now it has risen by 55pips
Trade active:
It's still a downward trend, if it rises, you can choose to sell
Trade active:
It's still falling, with important support at 73.7 and 72.4
Trade active:
75 short support
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