USOIL:Range fluctuation

25 sept. 2023

Oil is still fluctuating in the range, reaching a minimum of around 89 today.

The oil has not chosen the direction yet. Last time we judged that the oil was going to test near the support point of 88.9.

Now the oil is near 89.9, and the direction is still not confirmed, so this range is still valid. You can still sell at the high point, buy at the low point, and wait for the oil to break through the range to confirm the trend.

We can't blindly think that oil will fall now, because we have tested the low twice in a row, but it has not fallen. We trade in the range. If we break through the range, we will strictly set a stop loss.Wait for the funds to choose the direction.

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25 sept. 2023

Note

If there is no chance, keep waiting

26 sept. 2023

Note

Observe whether it returns to the interval

26 sept. 2023

Note

If you observe the range, you should be profitable today