jherryPowell

oil There is still space below What to pay attention to

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jherryPowell Updated   
TVC:USOIL   CFDs on WTI Crude Oil
The rebound trend of crude oil in the early stage came to an abrupt end. This was unexpected and much weaker than expected. Therefore, the overall daily decline has already started the second round of decline in advance. At present, there is still room for short-term downside, so today's main focus is on the high altitude.For crude oil operations, it is recommended to sell at 75 or 75.55 if under pressure, with a stop loss of 0.5 US dollars and a target of 74~72.70.

The chart is a 4H chart of crude oil

Crude oil is bearish for the following reasons


1. The daily line of crude oil fell below the low level of the platform again, indicating that the second decline has started, so today we continue to look at the new support area, which is also the ultimate goal of the second round of daily line adjustment.

2. According to the update of the Turing wave trading system, the five-wave push of Wave B a has appeared, and it has now entered the mid-term adjustment wave of Wave B, and there will be a three-wave downward trend. At present, the second wave of decline is already in progress.

3. The intraday pressure is 75~75.55, and the support is 74~72.70.

The prediction area space has been given to everyone, the specific location, or your list is trapped, you can enter the following channel, which can help you
Comment:
Normal fluctuations, the original idea remains the same, there are people who don't know the specific point can enter the channel
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Everyone should benefit from this wave of decline
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