CFDs on Crude Oil (WTI)Updated USOIL:Trading advice for the day
A very typical shock trend, last trading day under the EIA and API double favorable stimulation oscillation upward test pressure level, from around 72 oscillation counter-pumping in the refresh high touched the 73.2 line and then the shock fall, a wave of sharp fall touched around 69 and then rebounded, in the short term a shock box is also very obvious, this is also the idea we have been sharing with you recently, the upper pressure level gradually moved down to around 72, the short-term support below is still at 70, strong support around 69.
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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.