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FlashTrades_
Feb 28, 2023 12:57 PM

USOIL Now $77 SELL Short

WTI CRUDE OILTVC

Description


USOIL had a good rebound today, and the anti-fall signs are obvious. We had successfully taken profits and exited near 76.5 US dollars multiple times previously. According to the four-hour chart, USOIL has rebound demand, but the overall trend is still downward, making the rebound just a better shorting opportunity.

Personal operation suggestion:

SELL at $77, TP1 at 76, TP2 at 75, SL at 77.8.

For reference only. I will also update the latest layout thinking in time. Thank you for your attention and support. I will only do the most authentic   analysis.

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77.5 keep sell

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Move the stop loss up to 78.2, continue to sell

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Those who continue to sell start to make money

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Continuous short selling of crude oil is beginning to generate profits.

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tp1 76

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There will be EIA data later
Comments
TradingBrokersView
Thank you for sharing your opinion with us. Below you can see ours. Hope it makes a constructive conversation:
Leo-btm
looks nice, good luck
TheCryptagon
It is obvious that you have put in a lot of work on this idea. I expect upward moves before start losing. Here is our perspective:
FlashTrades_
@TheCryptagon, I've already made a profit. Are you just being a Monday morning quarterback here? You rookie.
InvestingScope
Not the most familiar approach you take, but it was nice to see how you think through the publication. Thanks for your work, absolutely supportive!
JoeChampion
I agree on commodities downsides, thanks!
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