Continuing from our previous trend, the current market is still in the extension stage, because from $64.85 to the current high of $68.65, it has rebounded 71.2%, which is already an extension of the complex pattern. However, David analyzed that the rebound extension will often rebound two-thirds of the main decline, that is, more than 80% of the extension. Combined with Trump's determination to end the conflict between Russia and Ukraine over the weekend, crude oil is still dominated by shorts in the short term, so today's market is generally still rising and then under pressure to fall again. If the real trend can be opened today, then this week's market will fall below $64 and look at $62, so today's operation is still mainly to wait for the extension to expire and then short.
1. Short at $68.90, stop loss 30 points, take profit $66.70.
2. If the shorting of strategy 1 is stopped, short at $69.55 again, stop loss 30 points, take profit $67.80.
The above strategies are only David’s personal opinions and are for reference only. Please be strict if you follow the market. Bring the protection of stop-profit and loss. The trading strategy reference given by David is only a numerical reference during trading. All operations are based on real-time orders. . . .
Trading is not easy. It requires meticulous thinking and rigorous operation. I hope that you, who have had a bumpy road, can get out of the quagmire of losses as soon as possible and get on the right track of steady gains.
USOIL USOIL USOIL
1. Short at $68.90, stop loss 30 points, take profit $66.70.
2. If the shorting of strategy 1 is stopped, short at $69.55 again, stop loss 30 points, take profit $67.80.
The above strategies are only David’s personal opinions and are for reference only. Please be strict if you follow the market. Bring the protection of stop-profit and loss. The trading strategy reference given by David is only a numerical reference during trading. All operations are based on real-time orders. . . .
Trading is not easy. It requires meticulous thinking and rigorous operation. I hope that you, who have had a bumpy road, can get out of the quagmire of losses as soon as possible and get on the right track of steady gains.
USOIL USOIL USOIL 
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Continuously release precise trading plans to lead members to expand profits, with a stable profit of 988% every month. If you have not made a profit yet, then join us. t.me/fahsufnwks
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.