Overnight US API inventories continued to decline, indicating that there is a certain recovery in demand, but as the market digested the short-term stimulus impact of the situation in the Middle East on crude oil, gradually returned to the normal supply and demand pattern, relatively high bullish profit-taking, technically, the European and American trading continued to fall to around 82.9, that is, the current market believes that the current crude oil prices are still too high. Through the analysis of the hourly chart of crude oil, yesterday's market continued to fall as scheduled, unable to rebound in the intraday volume once fell below the previous low position support, and now in turn has become pressure, we can clearly see from the chart below that the main bear continues to increase position intervention resulting in further market adjustment, the possibility of further fall in the short term is relatively large, In the short term, we focus on the suppression of 84.90 line, below the focus on the support of 80.80 line, in the short term, we continue to think of high-altitude low, and focus on short-selling
The first strategy: the current price of crude oil 83.17, near 82.20 long, stop loss 80.48, stop profit 85.00
The first strategy: the current price of crude oil 83.17, near 82.20 long, stop loss 80.48, stop profit 85.00
Trade active:
Profits continue to flow