Crude oil targets 71.5, 72.60, waiting for the rise to fall

According to the current shape of crude oil, there is still an upward trend in 1 hour and 4 hours. Today's main idea is still bullish, but the above profit percentage is not large. You can take the opportunity to short after the rise

Note

BUY71.2 SL70.4 TP72~72.5

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Hold positions and wait for the rise

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Although crude oil rose first and then fell as expected, my short-term operations failed to reap profits

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Crude oil’s daily line shows a bearish situation, and the 4-hour line is volatile. Pay attention to whether 71.5 can form a resistance within the day. If it cannot break through, the candle chart will always run below and you can look for opportunities to short. If it breaks, the target is 72.5

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There are a lot of data today, so focus on the ADP employment numbers, initial jobless claims and EIA crude oil data that will be released later. Friends who hold positions pay attention to risk control. Gold will be affected by the data later, and the volatility is estimated to be between 1900 and 1940. The pressure above crude oil is at 72.6. If you have the opportunity to make a profit of more than 60pips after shorting within a day, you can choose to leave the market

ActuaryJ

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USOIL: 70-line long-short competition, today's analysis

by ActuaryJ

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ActuaryJ

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