After two days of gains, crude oil has regained the 60 mark, finally establishing a clear upward trend. Maintaining our previous view, crude oil is likely to continue its upward trend with fluctuations. We need to observe the strength and effectiveness of the rebound this week. Based on the current fluctuations, crude oil should continue to rise this week. In the short term, focus on the 60-60.3 buying level and patiently wait for the bullish upward space. Resistance remains around 62-62.5.5.
This advice is time-sensitive. I update my trading ideas and strategies daily. If you don't yet have a crude oil trading plan or idea and are seeking consistent and stable returns, please stay tuned.
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t.me/Henorylau_01z
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I love trading, I have a successful mindset, I have the best trading strategies, and I have sound money management.
t.me/Henorylau_01z
t.me/Henorylau_01z
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.