Behind the current fluctuations in international oil prices lies the market's deep anxiety over the extreme uncertainty of global trade policies. Trump's "suspension + escalation" approach has, in the short term, stabilized relations with non - Chinese economies, but it has also dealt a blow to the global supply chain and energy consumption confidence.
In terms of the trading ideas for crude oil next week, it is recommended to mainly go short at high levels during rebounds and go long at low levels during pullbacks as a supplement. In the short term, pay attention to the resistance level in the range of 62.8 - 63.2. In the short term, focus on the support level in the range of 60.5 - 59.5.
Oil trading strategy：
sell @ 61.90-62.10
sl 62.80
tp 61.70-61.40
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!
In terms of the trading ideas for crude oil next week, it is recommended to mainly go short at high levels during rebounds and go long at low levels during pullbacks as a supplement. In the short term, pay attention to the resistance level in the range of 62.8 - 63.2. In the short term, focus on the support level in the range of 60.5 - 59.5.
Oil trading strategy：
sell @ 61.90-62.10
sl 62.80
tp 61.70-61.40
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.