Crude oil operation sharing pour TVC:USOIL par Short-term-trading-king

Crude oil prices broke low again before the U.S. market. The daily K-line is bearish and engulfing the market. The real-time price is running below the lower track of the daily Bollinger Bands. Yesterday, all joint support nodes declared defensive failure. This is a carnival for shorts. Taking advantage of the trend, shorting at high levels will be more safe.

Technically, the 4-hour lower track develops downward to the 75.8 line, and the error band indicator extends to the 75.5 position. This is considered the first defensive point of the US market. If it breaks the 75 mark, it may directly accelerate the decline to test the weekly standard error band. The indicator is at the mid-track 73 mark.

In terms of resistance, focus on the 4-hour MA5 moving average suppression point of 76.8 and the intraday high of 77.5.

Crude oil operation: Short selling in batches from 76.8-77.3, stop loss at 77.8, target 76.0-75.5,

Transaction en cours

Crude oil operation sharing

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