Crude oil market analysis:
Yesterday's crude oil daily line closed with a big positive, is it a buying opportunity? In fact, looking at the pattern, it has been hovering at this position for a long time, and the short-term is basically a snake. If the position of 70.00 is not broken, it is difficult to form a buying opportunity. The idea of crude oil today is still bearish. Continue to sell on the rebound. The previous contract delivery of crude oil has not changed the trend. I think it still needs to fluctuate.
Operation suggestion:
Crude oil ------- sell around 70.00, target 68.00-66.00
Yesterday's crude oil daily line closed with a big positive, is it a buying opportunity? In fact, looking at the pattern, it has been hovering at this position for a long time, and the short-term is basically a snake. If the position of 70.00 is not broken, it is difficult to form a buying opportunity. The idea of crude oil today is still bearish. Continue to sell on the rebound. The previous contract delivery of crude oil has not changed the trend. I think it still needs to fluctuate.
Operation suggestion:
Crude oil ------- sell around 70.00, target 68.00-66.00
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We share free trading signals of various products (XAUUSD, foreign exchange, oil, BTC) every day, with high accuracy and lucrative profits.
t.me/+aLnifhBYkww1ODlh
t.me/+aLnifhBYkww1ODlh
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.