CFDs on WTI Crude Oil
Short
Updated

USOIL: Looking for short-selling opportunities within the day

516
After finishing the high range at the beginning of this week, the price peaked one hour after the price fell below 70.8 yesterday, and the short-term direction changed from long to short!

Before a new bottom pattern appears in one hour, taking advantage of the trend and high altitude is the only trading idea. After the intraday price rebound, you can pay attention to the short trend at 71.8
snapshot
Note
Now is not the time to enter
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The key point is 71.3
snapshot
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Oscillating upward in the rhombus channel
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71.8 can't go up, now short-term short, 71.3SELL
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The support is not broken, the order can be closed at 71
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Slight volatility, holding positions under attention
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Great, thanks for the trust snapshot
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Today, I have been adjusting in the Fibonacci retracement range of 0.5~0.786, which is in line with the expectation in the morning, and successfully obtained the maximum profit of 70 points
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Breaking through 72.3 to support short positions and turn to long positions
Trade closed manually
Today is over, see you tomorrow

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