Continue to short crude oil
Mis à jour
Dear traders, you need to be cautious when trading. You must set stop loss and take profit for each transaction. This can better protect your account from being stuck. I will continue to update the crude oil trading strategy.
API data crude oil inventory is bearish. So far, the market has not responded to the API data. That is to say, the EIA in the evening is also likely to be bearish. The continuous rise in the past few days mentioned yesterday is the abc three waves after the end of the 5th wave. Lao Li re-looked at the market today and saw that it was a 4-wave rise. The US$64.61 is the end point of the main decline of the 3rd wave. The starting point of the three waves is US$79.70. Of course, this number of waves is valid at present. Once the situation in the Middle East continues to escalate, the market will inevitably break through the starting point of the 3rd wave of US$79.70. Therefore, we must follow the real-time fluctuations of the market at any time to update the number of waves in real time. So today, Lao Li will not consider whether the situation in the Middle East will escalate, because we can't know when these guys in the Middle East will make moves again. As soon as we see the news of the start of the fight in the Middle East, we will stop shorting immediately and follow the news to make a short-term long. Therefore, today's idea is still mainly to take risks and short.
1. Go short at $75.30, stop loss 30 pips, take profit $72.50. (Short aggressively at $74.80)
2. Go long at $72.20, stop loss 30 pips, take profit $73.70.
3. If the short position of strategy 1 is stopped out, go short again at $76.15, stop loss 30 pips, take profit $74.
API data crude oil inventory is bearish. So far, the market has not responded to the API data. That is to say, the EIA in the evening is also likely to be bearish. The continuous rise in the past few days mentioned yesterday is the abc three waves after the end of the 5th wave. Lao Li re-looked at the market today and saw that it was a 4-wave rise. The US$64.61 is the end point of the main decline of the 3rd wave. The starting point of the three waves is US$79.70. Of course, this number of waves is valid at present. Once the situation in the Middle East continues to escalate, the market will inevitably break through the starting point of the 3rd wave of US$79.70. Therefore, we must follow the real-time fluctuations of the market at any time to update the number of waves in real time. So today, Lao Li will not consider whether the situation in the Middle East will escalate, because we can't know when these guys in the Middle East will make moves again. As soon as we see the news of the start of the fight in the Middle East, we will stop shorting immediately and follow the news to make a short-term long. Therefore, today's idea is still mainly to take risks and short.
1. Go short at $75.30, stop loss 30 pips, take profit $72.50. (Short aggressively at $74.80)
2. Go long at $72.20, stop loss 30 pips, take profit $73.70.
3. If the short position of strategy 1 is stopped out, go short again at $76.15, stop loss 30 pips, take profit $74.
Commentaire
Continue to choose to short crude oil at high levelsTransaction en cours
Continue to choose to short crude oil at high levels
Transaction en cours
Continue to choose to short crude oil at high levels
t.me/KevinTaylor999
Get 100% free trading signals on my channel
Minimum weekly account profit 100%+
Get 100% free trading signals on my channel
Minimum weekly account profit 100%+
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.