USOIL: Can crude oil stabilize at the 80 mark?
Updated
Technical analysis of crude oil
Daily resistance 83.4, support below 77-75
Four-hour resistance 81, support below 80-79
Operation suggestions for crude oil: The overall technical form of crude oil shows a bullish breakthrough. Today's support below continues to focus on yesterday's hourly neckline near 79.5-79.7. Return to this area during the day to continue to follow the trend and look for a breakthrough. The upper target is still expected to break through. The overall bullish strong dividing line moves up to the 78 mark. The daily level stabilizes above this position and continues to follow the trend and keep the low-price long rhythm unchanged. (At the same time, beware of sudden trend changes. The technical side also has a warning of a sharp drop and wash)
BUY:80.0 near SL:79.70
SELL:81.0 near SL:81.30
SELL:83.4 near SL:83.70
Technical analysis only provides trading direction!
Daily resistance 83.4, support below 77-75
Four-hour resistance 81, support below 80-79
Operation suggestions for crude oil: The overall technical form of crude oil shows a bullish breakthrough. Today's support below continues to focus on yesterday's hourly neckline near 79.5-79.7. Return to this area during the day to continue to follow the trend and look for a breakthrough. The upper target is still expected to break through. The overall bullish strong dividing line moves up to the 78 mark. The daily level stabilizes above this position and continues to follow the trend and keep the low-price long rhythm unchanged. (At the same time, beware of sudden trend changes. The technical side also has a warning of a sharp drop and wash)
BUY:80.0 near SL:79.70
SELL:81.0 near SL:81.30
SELL:83.4 near SL:83.70
Technical analysis only provides trading direction!
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