Oil will continue to rise in the short term
Updated
https://www.tradingview.com/x/liNwpLzo/
From the technical trend to observe. Last week, the bottom of the market formed a w-bottom. Friends who trade should be clear. The support at this bottom is very strong. In addition, short-term oil demand is still very high. Then the rise will definitely continue.
Insufficient supply or insufficient reserves due to geopolitics. This is the main reason for the direct rise in oil. It is also because crude oil is the hard currency of the market. So how do we trade in the small stage after we know the direction? I am personally bullish in the general direction. So here is a long-term or short-term idea. For friends who don't like to trade frequently or don't have much time to trade, they can choose medium and long-term trading. Such profits are also considerable. If you like short-term trading friends, you can choose a lower position to buy within the day. Short-term can also get some profits.
Choose your own method. It is best to reduce the risk of trading yourself. Fifteen years of trading experience will tell you. Stay concerned. Various trading strategies are updated daily.
From the technical trend to observe. Last week, the bottom of the market formed a w-bottom. Friends who trade should be clear. The support at this bottom is very strong. In addition, short-term oil demand is still very high. Then the rise will definitely continue.
Insufficient supply or insufficient reserves due to geopolitics. This is the main reason for the direct rise in oil. It is also because crude oil is the hard currency of the market. So how do we trade in the small stage after we know the direction? I am personally bullish in the general direction. So here is a long-term or short-term idea. For friends who don't like to trade frequently or don't have much time to trade, they can choose medium and long-term trading. Such profits are also considerable. If you like short-term trading friends, you can choose a lower position to buy within the day. Short-term can also get some profits.
Choose your own method. It is best to reduce the risk of trading yourself. Fifteen years of trading experience will tell you. Stay concerned. Various trading strategies are updated daily.
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