USOIL:Trading strategy

15 sept. 2023

Oil has been rising because of OPEC production cuts, but now all indicators show that it is currently overbought.

There is limited room for growth now, so we are now shorting oil.

However, overbought will not reverse immediately and will last for a period of time.

But we can try the medium-term goal, the target point: about 86.

Short-term trading advice:
USoil:Sell:90.6-91.3
TP1:89.6
TP2:89.2
TP3:88.2

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15 sept. 2023

Note

If you want to trade in the medium term, you need enough funds

15 sept. 2023

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It's falling, congratulations to my friend

15 sept. 2023

Note

As long as you follow my strategy, you can have a nice weekend

15 sept. 2023

Note

TP1

15 sept. 2023

Note

TP2

15 sept. 2023

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Opportunity comes again

15 sept. 2023

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Maintain profit

16 sept. 2023

Note

In the long run, oil will definitely fall, but it will not reverse directly.

17 sept. 2023

Note

It may rise again tomorrow. Everyone should do a good job of position management and wait for it to fall.

17 sept. 2023

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Oil can't keep rising

18 sept. 2023

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The strategy is still effective, but the position needs to be controlled

4 oct. 2023

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Getting closer and closer to our medium-term goals