As can be seen from the chart, two great resistance points formed near 87.6, which can mean that the short-term top of oil is slowly beginning to form. The previous idea was to call back to around 83.5, or even reach 80-82. The short-term decline was too fast, so I I think there will be a certain rebound, reaching 83-83.5, and then continuing to fall.
The current trend has verified my last idea. This is the latest idea for your reference. Join me and make money with me.
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Just like what I predicted today
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Yesterday I thought that oil would have some room to rebound. Today, affected by the war between Iraq and Israel, it rose rapidly, reaching a maximum of around 85.6. It has now fallen, but the impact of the news is still there, so we need to be cautious in trading today.
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