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Crazy-Trader-Kenny

Short-term short selling of crude oil

Penjualan
CFD pada Minyak Mentah WTI (TVC:USOIL)  
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TVC:USOIL   CFD pada Minyak Mentah WTI
Support and Resistance Supply and Demand Economic Cycles usoilshort usoilanalysis usoilforecast usoillong Crude Oil WTI usoiltrend usoilspot usoiltrade
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supportandresistance supplyanddemand economiccycle usoilshort usoilanalysis usoilforecast usoillong usoil usoiltrend usoilspot usoiltrade

Judging from the high-level trend chart, crude oil is still in a trend channel of shocks and declines. In the short term, I personally still think that it is mainly short-selling.
70.35, as a support pressure conversion point, is now maintaining shocks. During the downward process, the front support may become short-term pressure. So when looking for an upward breakthrough, it will take time to confirm,

snapshot

Going high and shorting mainly, the first target position of take profit is 69.9 and the second target position is 69.4

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The crude oil market also maintains a 70.25 first-line shock. At present, this position is very controversial and can be deployed one after another.
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