Crude oil: exceeded my expectations and keeps rising

Crude oil bulls continue to take the initiative in the market and pulled up again yesterday. It is now close to the previous secondary high of 85.5. This is not the ultimate goal of the bulls, but the only thing that needs to be considered is that there may be an adjustment within the day and then rise. In the short term The node still looks at the previous high of 87 as the target.

According to the deduction of the wave trading system, the main reason why crude oil is expected to rise is that: the overall rising rhythm of waves 3 and 5 has gradually changed from the initial shock upward to a unilateral rise, and the performance of bulls has become more and more obvious. Crude oil pressure 85~85.3,



For crude oil operations, it is recommended to buy at 84.5, with a target of 84.0~84.50. (The point may be revised as the market changes during the day, subject to real-time strategy)

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