UnknownUnicorn55352658

USOIL: Oil project

Long
TVC:USOIL   CFDs on WTI Crude Oil
Market review:

Crude oil opened at 71.4 yesterday, the white market slightly stepped back, the lowest step back touched near 71, and then stabilized to open a strong rising market trend, European and American crude oil rose up to 73.2, and then fell slightly in the end and finally closed at 72.5

Today's analysis:

Crude oil yesterday narrow horizontal finishing, daily line, with an upper line slightly longer than the lower line of the sun line line, and after this end, back to do more can be seen in the daily line support near 70.5

From the perspective of the four-hour chart, the repeated testing interval is on the track, and there are signs of gaining momentum to break, but the short-term lack of kinetic energy to break through the 74 high level on the line; The short line operation combined with the hour chart is selected to be much lower after the stability is started in the process of probing, and the support position of the hour line is near 71.2

Operation suggestion:

The first time to see 71.2 near the open more than once, a loss of 70.4, the target to see 72.5-73.2-74 break
Trade active:
waiting for approach time
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