From the market, the daily MA30 moving average is glued to the daily middle track under pressure at 61.5, the weekly MA5 moving average moves up to 61.7, and the daily SAR indicator pressure point is at 62. The monthly MA120 moving average is at 62.8. In terms of support, the 4-hour Bollinger band middle track is at 59.3. If it breaks down, it will continue to fall. The reference below is 58.6. The support range formed by last night's low of 57.7. Overall, the crude oil price on Friday broke through yesterday's high of 60.2, so the rebound will be prioritized during the day, and consider entering short orders after the volume weakens.
Crude oil trading suggestions:
1. 61.3-61.7 short, stop loss 62.3, target 60.3-59.7, break down and hold;
2. Go long in the 58.5-58 area, stop loss 57.5, target 59.5-60.5;
Trading is risky, and profits and losses are at your own risk. The specific guidance shall be subject to real-time signal guidance.
USOIL USOILSPOT USOIL USOIL USOIL
Crude oil trading suggestions:
1. 61.3-61.7 short, stop loss 62.3, target 60.3-59.7, break down and hold;
2. Go long in the 58.5-58 area, stop loss 57.5, target 59.5-60.5;
Trading is risky, and profits and losses are at your own risk. The specific guidance shall be subject to real-time signal guidance.
USOIL USOILSPOT USOIL USOIL USOIL Note
usoil touched the 61.3 short position signal given by Baker above, and then started a rapid retreat. The traders who executed the signal have successfully realized profits. Congratulations.
🎁Stable weekly profit exceeds 259.7%🎁Win rate is as high as 98.83%,✔Copy accurate trading signals✔Account management. Real-time communication: t.me/cryptoanalyst_baker
Signal entry: t.me/FcCygjylf
Signal entry: t.me/FcCygjylf
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.
🎁Stable weekly profit exceeds 259.7%🎁Win rate is as high as 98.83%,✔Copy accurate trading signals✔Account management. Real-time communication: t.me/cryptoanalyst_baker
Signal entry: t.me/FcCygjylf
Signal entry: t.me/FcCygjylf
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.