Crude oil (USOIL): Crude oil broke the bottom yesterday and stopped at 69.1. It opened at 69.2 today and rebounded at 69.8 in the morning. The trend is not much different from the morning trading of the previous two days, and the trend continues to be bearish! The Japanese K has fallen for five consecutive times, and the short sellers have almost reached the bottom. If the 68 position below cannot be supported anymore, the short sellers will continue to attack 63. However, at the current position, we have to be wary of the bulls’ counterattack. After all, the current position has also reached the daily line. support! Today, the top will focus on the 70.1/70.2 area, and the bottom will first look at the 68 break.
Trade active
USOIL/XTIUSD:SELL:69.8~70
SL:70.6
TP1:69.1
TP2:68.6
TP3:681
Trade active
Trade active
I think Oil is not at a low point yet, and there is a high chance that it will reach around 68Note
Selling crude oil made huge profits again today 
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💥Telegram Channel Free Updates 👉🏻
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💥Provide trading guidance.👉🏻
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Related publications
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.