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Allen_Ex
Mar 25, 2024 12:31 PM

USOIL:Support at 80.2, resistance at 81.3 Short

WTI CRUDE OILTVC

Description



Let’s first look at the support in the 80.5-80.2 range. If the support is valid, go long. The indicators are now more favorable to shorts, with resistance around 81.3.

If it falls below 80.2, there will be a small rebound, but 80.5-80.8 will become strong resistance, so the risk of shorting is smaller and the profit opportunity is greater.

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After hitting resistance, it fell back
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