Light Crude Oil Futures
Long
Updated

Crude oil----Buy around 71.00-72.00, target 73.00-77.00

116
Crude oil market analysis:
Last week's crude oil was very exaggerated because it broke the super suppression of 65.00 on the daily line. Once this position was broken, crude oil began to be standard. This is also the result of our many predictions of the cycle. Crude oil purchases will continue to soar this week. In addition, the escalation of the situation in the Middle East will make it difficult for crude oil to fall in the short term. I estimate that there is a possibility of repair. The retracement during the repair is our opportunity to buy again. In addition, the delivery period of crude oil futures contracts will also cause it to fluctuate violently again.

Fundamental analysis:
There are many fundamental analyses and data recently. Geopolitical factors are the main reason for its violent fluctuations. In addition, there is a holiday in the United States this week, and there is also a Federal Reserve interest rate result.

Operation suggestions:
Crude oil----Buy around 71.00-72.00, target 73.00-77.00
Trade active
We will share various trading signals every day. Fans who follow us can get high returns every day. If you want stable profits, you can contact me.
Trade closed: target reached
Now the market price has reached our target and we have made a profit. I will analyze the next trading signal. If you need it, please contact me.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.