Usoil:Is it back to the downtrend?

Yesterday, oil fell rapidly, broke below the five-day line, and returned to the downward trend again. From the chart, it can be seen that 75-76 has certain support.

We need to observe the support strength of the previous low of 75. If it falls below the previous low, the room for decline will be opened.

So we can short and sell along the resistance point

now you can observe the fluctuations in the range, which is 74.9-77.4

Trading needs to strictly set the stop loss, even if you are in the wrong direction, you will not lose too much.

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Transaction en cours:

Fell below 74.9.Take a look at the support strength of 72.5-73, follow my strategy, your winning rate today is greatly improved