CFDs on WTI Crude Oil
Updated

USOIL:Observe trends

266
snapshot


Today, the lowest level of oil fell to around 87.76, but in the end it still returned to the range.Therefore, the success rate of trading in the range is currently very high.

Today, oil fell below the range. At present, we need to pay attention to 89.7. This place determines where the next direction is. If it continues to fall below 89.7, then oil is still a downward trend. If the rise breaks through 89.7 and stands firm, then it can be judged that the probability of oil rising increases.

If you want to trade in the range, then you need to judge his trend and the impact of the news.

If my thoughts are helpful to you, please like and subscribe
Note
Follow me
Note
Below 89.7, if you read my strategy, then you should sell
Note
Keep up with me you have made a profit

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.