During the recent period, the highest point of oil was 75.8 and the lowest point was 70.5.
Daily line: 67.71 support point, 79.8 resistance point
4H: 70.5 support point, 76.18 resistance point
These three important resistance points are 76.1-76.7-77.1
I see the possibility of oil bottoming at 70. The upward trend at this stage may reach 78-80. The previous shock range has gradually broken through. At this stage, as long as it does not fall below 74 this week, it is not recommended to trade short orders.
The above is my oil analysis. The market changes rapidly. The prediction needs to be combined with the market trend to achieve expectations. The above analysis is for your reference. I will continue to follow up and share in the future.
Today’s strategy:
Usoil:buy74.5-74.8
TP:75.3-75.8-X
SL:73.8
You can make appropriate adjustments based on your trading habits and funds
Join me, I will analyze the market situation every day and give you strategies for your reference
Comment:
Short-term signals are profitable again
Comment:
The general direction is still upward
Trade active:
If it doesn’t fall below 74 today, I think oil will continue to rise next week
Comment:
This week’s success rate is over 95%, I will continue to share my strategies next week for your reference
Comment:
Join me and I'll share my strategy tomorrow
Comment:
Reached my target of 78-80
Trade active:
I think it's still an upward trend
Comment:
As I predicted, oil is still on an upward trend and has now reached 78
