The market trend is weak. Before the previous low of 55.1 is broken, look for a rebound. Today's resistance focuses on the 1-hour Bollinger band middle track 57.8, and the daily MA5 moving average pressure point is at the 58 mark. The upper high points focus on the two pressure points of 58.9 at the end of last Friday and 59.8 at the rebound high last week. In terms of support, pay attention to the early retracement low of 55.7, followed by the previous low of 55.1. If it breaks down, it can only refer to the integer nodes of 54-53-52 in turn. Overall, the trend of the plunge in crude oil prices remains bearish, and the intraday rebound is only considered a repair indicator.
Trading suggestions:
1. Short at the rebound of 57.9-58.2, cover short orders at 58.8, and target 56.5-55.7
2. Go long in batches at the retracement of 55.8 and 55.1, and target 57.2-58.5;
Trading is risky, and profits and losses are at your own risk. The specific real-time signal shall prevail.
Trading suggestions:
1. Short at the rebound of 57.9-58.2, cover short orders at 58.8, and target 56.5-55.7
2. Go long in batches at the retracement of 55.8 and 55.1, and target 57.2-58.5;
Trading is risky, and profits and losses are at your own risk. The specific real-time signal shall prevail.
🎁Stable weekly profit exceeds 259.7%🎁Win rate is as high as 98.83%,✔Copy accurate trading signals✔Account management. Real-time communication: t.me/cryptoanalyst_baker
Signal entry: t.me/FcCygjylf
Signal entry: t.me/FcCygjylf
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.
🎁Stable weekly profit exceeds 259.7%🎁Win rate is as high as 98.83%,✔Copy accurate trading signals✔Account management. Real-time communication: t.me/cryptoanalyst_baker
Signal entry: t.me/FcCygjylf
Signal entry: t.me/FcCygjylf
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.