Crude oil bottomed out and rebounded sharply on Wednesday. This was also due to the impact of the tariff war, which is currently dominating the trend of the financial market. However, on Thursday, it didn't continue to rise. Instead, it fell successively and retraced. Pay attention to going long at the support level of 58.20 below, and consider going short at the resistance level of 61.90 above.
Oil trading strategy：
sell @ 61.90-62.10
sl 62.80
tp 60.95-61.10
If you approve of my analysis, you can give it a thumbs-up as support. If you have different opinions, you can leave your thoughts in the comments.Thank you!
Oil trading strategy：
sell @ 61.90-62.10
sl 62.80
tp 60.95-61.10
If you approve of my analysis, you can give it a thumbs-up as support. If you have different opinions, you can leave your thoughts in the comments.Thank you!
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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.
Join my free Telegram channel right away and achieve financial freedom.
👉👉👉 t.me/+xZQ4ipz0cXc1ZjU0
👉👉👉 t.me/+xZQ4ipz0cXc1ZjU0
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.