Crude oil trend analysis, easily make money for you
Crude oil trend analysis, easily make money for you
The overall trend of crude oil rose and fell back last week. The expected strength did not appear, but the upward trend has not changed. As long as crude oil price does not fall below 77 US dollars per barrel, the oil price will still rebound, and the weekly negative closing means that there will definitely be a rebound in the morning. It is bottoming out and rising, and the 4-hour moving average trend should also be bottoming out and rising. The current decline has bottomed out, and now there is a trend of bottoming out and rebounding. In the short term, we should pay attention to the support level and the short-term resistance reached by the rebound and increase. Bit.
Therefore, in terms of operation ideas, it is recommended to go short at high prices and long at low prices;
Recommendation: go long around 77.6 and go short after reaching $79.5
Tp 78.5
SL77
Go short after reaching $79.5
Tp 77.5
SL 80.5
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