Wednesday: Crude oil in rising channel
Updated
The 1H/4H chart shows that crude oil broke out of the triangle pattern and is expected to continue rising.
During the day, we need to focus on the resistance at the previous high, focusing on the resistance near 75.30, and the support below is around 73.2.
During the day, we need to focus on the resistance at the previous high, focusing on the resistance near 75.30, and the support below is around 73.2.
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crude oil(USOIL):now is 74.9SELL:74.9~75.1
❌sl:75.5
✅tp:74.2~73.5
Quotation based on Tradingview
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EIA crude oil inventories are about to be released, we close crude oil trading Trade active
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If it breaks through the triangle pattern for a week, there is a high probability that it will break through and rise again later.
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