Usoil-analyze
Updated
Keep asking me about oil. Last week I emphasized that oil did not fall below 74 and will continue to rise this week
It can be seen that yesterday the lowest oil price reached around 75.8 and the highest reached around 78.2, but it did not break through 78 many times, so it can be judged that the current range is between 75.8-78.2
In an upward trend, you mainly rely on support points to buy, or sell at high levels within the range, and adjust your strategy according to market conditions.
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Note
It has not broken through 77 many times. Although it is still in the upward trend, it has become slow, so now we need to be cautious in buying.Note
Oil needs to break through the 77-77.3 range to once again confirm that it is still in an upward trend.Note
As I thought, it has now fallen to around 74.15Note
This week’s success rate is over 95%, I will continue to share my strategies next week for your reference
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