Usoil-Market trend analysis

Jan 25

Oil is still in an upward trend, wait for the right support point to buy

During the recent period, the highest point of oil was 75.8 and the lowest point was 70.5.
Daily line: 67.71 support point, 79.8 resistance point
4H: 70.5 support point, 76.18 resistance point
These three important resistance points are 76.1-76.7-77.1

I see the possibility of oil bottoming at 70. The upward trend at this stage may reach 78-80. The previous shock range has gradually broken through. At this stage, as long as it does not fall below 74 this week, it is not recommended to trade short orders.

The above is my oil analysis. The market changes rapidly. The prediction needs to be combined with the market trend to achieve expectations. The above analysis is for your reference. I will continue to follow up and share in the future.

Today’s strategy:
Usoil:buy74.5-74.8
TP:75.3-75.8-X
SL:73.8

You can make appropriate adjustments based on your trading habits and funds

Join me, I will analyze the market situation every day and give you strategies for your reference

Jan 25

Note

Short-term signals are profitable again

Jan 25

Note

The general direction is still upward

Jan 26

Trade active

If it doesn’t fall below 74 today, I think oil will continue to rise next week

Jan 26

Note

This week’s success rate is over 95%, I will continue to share my strategies next week for your reference

Jan 28

Note

Join me and I'll share my strategy tomorrow

Jan 29

Note

Reached my target of 78-80

Jan 29

Trade active

I think it's still an upward trend

Jan 30

Note

As I predicted, oil is still on an upward trend and has now reached 78