The overall trend of crude oil yesterday was like a roller coaster, but last night it formed a V-shaped reversal. It fell below the 79.5 resistance within the day and rebounded again, but failed to break through the previous day's low of 77.6. We went long at the low point of 77.6, and successfully ushered in a big rise, with a stop profit of 78.6! From the daily line, the moving average is still in a short position, but the two closing lines are very long, indicating that the double-bottom support below 77.6 is effective, mainly because H4 came out of the stop loss trend and then fell back. A golden cross appeared on the moving average, and oil prices fell. If it breaks through the middle rail, the adjustment of crude oil is over. You can safely look at the points around 78.6, increase your position at 78.1, hold 77.6, pay attention to 79.5-80.1, and continue to increase your position.
