USOIL had a good rebound today, and the anti-fall signs are obvious. We had successfully taken profits and exited near 76.5 US dollars multiple times previously. According to the four-hour chart, USOIL has rebound demand, but the overall trend is still downward, making the rebound just a better shorting opportunity.
Personal operation suggestion:
SELL at $77, TP1 at 76, TP2 at 75, SL at 77.8.
For reference only. I will also update the latest layout thinking in time. Thank you for your attention and support. I will only do the most authentic analysis.
Trade active
77.5 keep sellTrade active
Move the stop loss up to 78.2, continue to sellTrade active
Those who continue to sell start to make moneyTrade active
Continuous short selling of crude oil is beginning to generate profits.Trade active
tp1 76Trade active
There will be EIA data later
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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.