Usoil-Downtrend Trading
Updated
Yesterday, oil was supported twice around 71.4-7.16, and now it is around 73, which shows that oil is still mainly range-bound in the near future. The main pressure point above is around 74.5, followed by the trend suppression point of 75.4-75.6
The short-term suppression point is 73.7
Usoil:sell73.7-74
TP:73-72.7
Prudent Trading Strategy:
Usoil:sell74.5-75-75.6
TP:74-73.7-73
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Trade closed: target reached
TP:73Note
Yesterday, oil was as I predicted, reaching 73.7 and then falling to around 72.7Trade active
The existing oil has reached 73.75, so we need to observe the three resistance points of 74.5-75-75.6Note
Today's direction is correct, continue to analyze tomorrowTrade active
Oil continues to observe the resistance above today, and you can choose a suitable resistance range for selling.Note
The success rate this week is over 95%, I will continue to share my views next week
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