USOIL: Crude Oil Trading Strategy, Buy@77.7
So far, all of our USOIL strategies have reached the target price, with a winning rate of 100%.
Yesterday, crude oil fell to the support level of $79. We did not hesitate to buy it directly. After hitting the target price of $80, crude oil began to fall and currently fell to around 77.7. From the historical trend, we can see that the oil price has started to rebound after falling to 77.8 many times. In addition, the oil price has now fallen here again and has stopped falling. This shows that there is still strong support here, so I think it can continue here. Bullish, I'm already buying.
From a technical perspective, crude oil prices have shown a double bottom pattern, and there is a high possibility of breaking through the resistance of the 80 mark in the short term. The KDJ indicator formed a golden cross and then diverged upward. The MACD indicator also formed a golden cross and accompanied the energy column turning red. The short-term trend turned from weak to strong. Taken together, the weak CPI data has intensified market expectations for the Federal Reserve to cut interest rates later this year, which prompted crude oil to rebound quickly after falling to the 76.7 line. Judging from the daily chart, crude oil has formed a double bottom and is expected to continue rising to test the 80 mark.
Yesterday, crude oil fell to the support level of $79. We did not hesitate to buy it directly. After hitting the target price of $80, crude oil began to fall and currently fell to around 77.7. From the historical trend, we can see that the oil price has started to rebound after falling to 77.8 many times. In addition, the oil price has now fallen here again and has stopped falling. This shows that there is still strong support here, so I think it can continue here. Bullish, I'm already buying.
From a technical perspective, crude oil prices have shown a double bottom pattern, and there is a high possibility of breaking through the resistance of the 80 mark in the short term. The KDJ indicator formed a golden cross and then diverged upward. The MACD indicator also formed a golden cross and accompanied the energy column turning red. The short-term trend turned from weak to strong. Taken together, the weak CPI data has intensified market expectations for the Federal Reserve to cut interest rates later this year, which prompted crude oil to rebound quickly after falling to the 76.7 line. Judging from the daily chart, crude oil has formed a double bottom and is expected to continue rising to test the 80 mark.
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Today's gold 2430Sell and crude oil 77.7Buy's strategies are both correct. The market fluctuations are limited and the profits are not too much, but the overall performance is not bad. Now I have closed it and will open a new signal tomorrow.
If you want to get more precise signals and guidance, you can contact me below.
Today's gold 2430Sell and crude oil 77.7Buy's strategies are both correct. The market fluctuations are limited and the profits are not too much, but the overall performance is not bad. Now I have closed it and will open a new signal tomorrow.
If you want to get more precise signals and guidance, you can contact me below.
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✅If you are a newbie or are losing money, you join me and I will guide you to profitable trading!
🟢Free signal channels:
t.me/Get_rich_signal0
🔴My contact:
t.me/Get_rich_signal1
