Crude Oil Range Trading Strategy
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(Tuesday) At the beginning of the Asian market, crude oil traded around 80.2/barrel; crude oil fluctuated and fell back on Monday, due to concerns that further interest rate hikes may curb demand, balancing the prospect of market supply tightening due to supply cuts by + oil-producing countries Crude oil has been fluctuating within a narrow range recently, so trade with a strategy of selling high and buying low.
Today’s strategy suggestion: Crude oil still depends on the low, long and high altitude in the range, go long around 79.6-79.3, stop loss 78.5, target 81 around 81.5, stop loss around 81.1-81.5, stop loss 82.2, target 80 around 79, and look down if it falls below. For specific real-time strategy update entry points, offline follow-up is required. Friends who do not follow up in real time may make mistakes in operation.
USOIL USOILSPOT USOIL.F Note
The market is following the expected trendTransaction en cours
Note
The trend is still expectedNote
The market broke out of the sub-range, but we have already made profits, and then wait for my next round of signals
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