Colin_analyze

Usoil-Analysis and Trading Strategies

Colin_analyze Updated   
TVC:USOIL   CFDs on WTI Crude Oil

Israel has withdrawn more troops from southern Gaza and pledged new talks with Hamas on a possible ceasefire, easing concerns about the risk of further escalation in the conflict and disruption to Middle East crude supplies.

The current oil 4H and 1H charts show that the possibility of oil falling is very high, and it has been in the 87-87.5 range without breaking through. Today, the support of oil is still around 84.5. Only if it falls below this support point, will there be any A wider range of decline

If it falls below 84.5 today, you can choose to buy in batches in the 83.6-83.3 range, SL: 82.8
If it continues to rise today and breaks through 87.5, you can sell in batches at 87.8-88.2, SL: 88.8

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Trade active
Trade active:
Sell around 87 and start making profits
Trade active:
Target 84.5-83.5
Comment:
News and data can only be used as a reference. Based on my own experience and analysis, I previously predicted that the short-term top will be around 87. I also reminded that the adjustment may start at 86.4-86.6, but the highest oil price rises is around 87.5. According to my analysis , the oil needs to be adjusted to 84.5-83.5, and it is possible to reach 82-80 this month. The above is my analysis, as my personal idea, for your reference.
Trade active:
The goal remains unchanged
Trade active:
Oil gives many selling opportunities
Trade active
Comment:
As I predicted before, it reaches 84.5 today and the next target is 83.5
Trade active:
Given a chance again
Trade closed: target reached:
Sell again for profit today
Trade active:
Target 84.5-83.5
Comment:
On the news, oil has risen due to the impact of the war, but technically, 88 is a heavy pressure point. Wait for the weekend to pass to see whether the war will expand.
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