Oil walked out of the skyrocketing and plunging space last week, and fell from Monday to Tuesday. It was a low-level shock on Wednesday and Thursday. On Friday, it was determined that the rebound was unsuccessful in the continuous rebound and once again walked out of the falling space, but it held on to the 80 support point.At present, crude oil is around 81.6, and the high probability of crude oil this week is still a weak shock that maintains the short trend.
Trading this week should pay attention to two points. First, whether the weak decline can fall below the 80 support point. If it falls below 80, then look at the low of 76 and 72 below. Second, find the right short position in the weak state. After repeated trials last week, the upper resistance point is 81.8, 82.6, 83.5, if it does not break through 83.5, it is difficult to turn to a strong rise, so this week pay attention to the important boundary points of 83.5 and 80.For the intraday market, if it does not break 80, the oil price is expected to fluctuate in the range of 80-83.5
So the same is true for oil. You can buy at a low level or sell at a high level. As long as you break through the range, you will make a stop loss, so that your success rate will be greatly increased.
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Oil is still rebounding weakly today and has not broken through 82
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The resistance of 82 is very strong
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As I predicted, the resistance of 82 is very strong
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Oil fell below 80, and a downward trend has formed. The early rising point was near 77.6, so it can be judged that this is a short-term support point, and now 78.3 is an important boundary point.
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