Gavin-analyst

The usoil area is turbulent, the entry point must be reasonable

Long
TVC:USOIL   CFDs on WTI Crude Oil

Judging from the daily line, although it opened lower and fell 2% on Monday morning, it eventually rebounded and broke through the 87 mark. The daily line closed a positive line with a long lower shadow. Overall, it is not difficult to see that the bullish trend is still there. It is relatively strong and is expected to continue to test the resistance of the 90 mark. Looking at the four-hour line, it gapped down and opened low on Monday morning, once falling to 84.7, and then rebounded to 87.10. It did not fall back significantly in late trading. Currently, the three Bollinger Bands are running parallel, KDJ forms a golden cross, and MACD has green energy. The column shrinks, and the short-term trend is stronger. Taken together, although crude oil fell from its high in more than five months on Monday morning, once falling 2%, it eventually rebounded to recover the losses. The daily line closed a positive line with a long lower shadow. At present, bulls are still Strong and expected to continue testing resistance upwards

oil:buy86-86.5
tp:87.5-86.5
sl:85.5
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