Get started
Jerome-Leon

crude Comprehensive market analysis and guidance

Long
CFDs on WTI Crude Oil (TVC:USOIL)  
Jerome-Leon Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Support and Resistance Candlestick Analysis crudeoilanalysis crudeprice crudeoillong
4
0
trendanalysis supportandresistance candlestick crudeoilanalysis crudeprice crudeoillong
snapshot
Crude oil prices fell for the fourth consecutive week last week. A substantial increase in inventories and record production were the main reasons for the decline in crude oil prices last week. The entire market has been weak recently due to supply concerns and a significant drop in demand. However, on Friday due to some short sellers Profit-taking and U.S. sanctions on Russian crude shippers gave oil prices a bit of support, with prices regaining some ground.
Operation strategy: call back the 75.8-75.5 area to go long, stop loss 75.2, and target 77.8.
Comment:
active trade
Comment:
active trade
Comment:
active trade
Comment:
active trade
Comment:
active trade
Comment:
active trade
Comment:
active trade
Comment:
active trade
Comment:
active trade
Comment:
active trade
Comment:
active trade
Telegram：More Signal
t.me/+HdvONqqgRQRmYmNl
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.