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Usoil:Observe the trend line

TVC:USOIL   CFDs on WTI Crude Oil

OPEC+ will hold a meeting this weekend, and WTI oil traders will face significant risks.If more and longer production cuts are announced at the OPEC+ meeting, oil prices may pick up

As can be seen from the chart, oil has been in an upward trend, but it has not broken through the middle edge of the trend line.

So we are still waiting to fall to the support point to buy, strictly set the stop loss, and continue to observe the strength of 78.4 and 79.5 resistance, so that your success rate will be greatly improved

It can be observed that the support of the trend line is near 75.7

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Has fallen below the trend line, oil is falling really fast
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The OPEC+ meeting was postponed next week, and oil fell again, which had too much impact on oil.
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