At present, oil continues to fluctuate in the 70-83 region. Last month, OPEC suddenly announced a production cut and opened higher. After a month of fluctuation, the gap was finally filled last week. Then the top-bottom conversion to the 75.7-75 region has become an important support in the short term. As for crude oil short orders, there is no rush to participate for the time being, and the technical outlook is rising;
News that lower oil inventories are also a factor in the rise in crude oil; in addition, Saudi Arabia and Iraq will reduce production at any time to protect oil prices and revenue, and the probability of a sharp decline is very small, so today's crude oil trading is mainly based on low-level long positions.
So our trading strategy and signals are very clear. I have published the detailed trading signals in my channel. You can enter to receive them.
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You can consider doing long crude oil in the range of 74.6-75. I will announce the specific transaction position in the channel
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Do long crude oil, have you bought crude oil?
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If you want to get more real-time trading signals, you can enter my channel to contact me
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Crude oil is currently turning into a slightly volatile market. First, wait patiently for the short-term to choose the direction and then trade with the trend.
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The trading idea is mainly to go long after falling back