ActuaryJ

Will crude oil continue to rise?

Long
ActuaryJ Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Crude Oil Technical Analysis
Daily resistance is 85.7, support below is 83.4-80
Four-hour resistance is 85.5-85.7, and support below is 83.4-82.5

Crude oil operation advice: Yesterday's volatile market ushered in a deep v bottoming and rebounded. The Asian and European market prices were under pressure and fell back to the 83.3 mark. The US market stepped down for the second time and stabilized at the 82 mark, ushering in a strong bullish bottom and a deep rebound. v rebounded, oil prices continued to rise and broke through in the early morning, standing above 83.3 and continuing to close strongly.

The overall price once again found support at the 82 mark, stabilized and rebounded. The daily level continues the recent yin and yang shock cycle operation rhythm. Today, the lower support focuses on around 82.5-82.7. The intraday retracement relies on this position to continue to be bullish at first. The upper pressure focuses on 85.5-82.7. 85.8, the European market has surged higher and is under pressure. This position can be shorted once and then fluctuated back down. The daily long-short cycle rhythm has no continuity, so we should continue to maintain the shock idea.


BUY:83.4near SL83.00
SELL: around 85.6 SL85.90
SELL:86.0near SL86.30
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Crude oil maintains upward trend
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Crude Oil Technical Analysis
Daily resistance is 85.7, support is 83.4-80
Four-hour resistance is 85.5-85.7, support is 83.4-82.5
BUY:82.5near SL:82
SELL:85.6near SL:85.90
SELL:86.0near SL:86.30
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OIL technical analysis
Daily resistance is 83.4, lower support is 82-80
Four-hour resistance is 83.4, support below is 82-81

Crude oil operation advice: Crude oil first fluctuated and pulled back to around 83 yesterday. The market rebounded during the European session, but the upper line was under pressure again at 83.8 and finally fell back to below 83. The daily line closed with a negative line. From a technical point of view, we In the short term, we will continue to look at the decline. Today, we will focus on the first-line pressure of 83.5-84. In terms of operation, we will rebound and sell at a high price.

Judging from the current market trend, the pressure above is focused on 83.4, which is also the watershed between bulls and bears at the daily level. A rebound to this position will most likely lead to a waterfall. If the price falls below 83.4, short sellers can look towards the 82-80 line. Before the daily level breaks through and stands at this position, continue to short at high prices.


SELL:83~83.4
SL:83.80
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Crude oil shorts have started to profit, protect your profits
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82.4 now +80pips
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Crude oil strategy fell more than 200pips. Congratulations to friends who follow my analysis and strategies.
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Crude Oil Technical Analysis
Daily resistance is 83.4, support below is 81-80
Four-hour resistance is 82.0, support below is 80-79

Crude oil operation suggestions:
Judging from the current market trend, the overall price saw a second high of 84.4 last week and ushered in a second fall, continuing the downward trend. The short-term technical indicators are diverging downwards, and are currently expected to fall further downwards to test the 80 integer mark. Short-term shorts The dividing line focuses on the 83 integer mark. During the day, counter-draws rely on the 82.2-82.4 area to continue to be short and follow the downward trend. The lower target level has focused on breaking the bottom. Any counter-draws before the daily level does not break through and stands on the 83.4 mark are short-selling opportunities.

SELL:82.0 near
SL:82.30

SELL:83.4 near
SL:83.70
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Crude Oil Technical Analysis
Daily resistance is 83.4, support below is 79.6-76.8
Four-hour resistance is 80-79.8, support below is 78-76.8

✅Crude oil operation advice: Judging from the current market analysis, crude oil fell sharply yesterday and stopped falling as low as 78.8. I have said before that the 83.4 mark is the watershed between long and short at the daily level. If this position falls below, there may be a sharp drop. Today, focus on the upper 81.5 Support, short sellers can intervene after rebounding to this position, below 79.6-76.8 and pay attention to breaking new lows, and rely on the intraday counterattack to continue short selling near 81.5.

SELL:81.5near SL:82.00
SELL:79.8near SL:80.10

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Oil SELL79.8 has made a profit of 50pips. Congratulations to those who followed my morning signal
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Oil technical analysis
Daily resistance is 83.4, support below is 79.6-76.8
Four-hour resistance is 79.6-80, support below is 78-76.8

Crude oil operation advice: Judging from the current market analysis, crude oil fell to a minimum of around 78.3 yesterday and stopped falling. Today, focus on the 79.6 mark above. If this position breaks through in the later stage, the market may rise and rebound briefly. If the NFP rebound strength exceeds expectations, it may reach 82 /83, once the 78 below is broken, it may fall to around the 75 mark. Today's operation idea is to rely on the range of 83.4-79.6 to sell high and buy low. If you leave this range, rely directly on the resistance of 79.6 to continue shorting, and follow the trend to see a fall.

BUY:79.6near SL:79.20
SELL:83.4near SL:83.80
SELL:79.0near SL:79.40

Technical analysis only provides trading direction!
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