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Crude oil continues to be bullish, focus on 87.7 resistance leve

Oleh ActuaryJ
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Crude oil analysis
Daily resistance is 87.7, support below is 83.4
Four-hour resistance is 87.7, support below is 86.3

Crude oil operation advice: Today, focus on the strong pressure above 87.7 from the four-hour and daily levels, and the support below is around 86 and 83.4. When crude oil falls to 86 and 84 and is blocked, you can participate in the long position.

BUY:86~86.3
BUY:84.0~84.5
SELL:87.3~87.7
Technical analysis only provides trading direction!
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Crude oil fluctuates within a narrow range today, scalping profits cuplikan
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Crude oil is running according to my chart, wish us good luck today and don’t miss today’s analysis and strategy, below↓
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Daily resistance is 87.7, support below is 83.4
Four-hour resistance is 87.0, support below is 84.6

Crude oil operation suggestions: Crude oil fluctuated slightly yesterday, running under pressure below 86, falling to around 84.5, and then the market rebounded, returning to above 86. From a technical point of view, the daily trend remains in a high range, and the current price is temporarily compressed between 84.5-87.5. The day-to-day operation is based on the idea of selling high and buying low.

BUY: near 85.0
SELL:near 87.0
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Crude oil analysis
Daily resistance is 87.7, support below is 83.4
Four-hour resistance is 87.0, support below is 84.6

Crude oil operation advice: Yesterday, crude oil continued to fluctuate and fall. The Asian and European markets rebounded slightly and fell quickly under pressure from the 86.6 mark. The U.S. market rebounded for a second time and was under pressure from the 86 mark, and fell again to close weakly near 84.8.

The overall price once again showed a suppressive adjustment pattern above 86.6, but in the short term it still stabilized above the 84.6 integer mark. Today, if it steps back to stabilize this position, you can go long. The short-term resistance above will focus on the 86.6-87 area. Keep selling high and buying low according to the resistance and support range during the day. .

BUY:near 84.6
SELL: around 87.7
SELL: around 86.6
Technical analysis only provides trading direction!
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Short first and then long, welcome to check my work cuplikan
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Wish us good luck in the new week
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BUY : 85.6near
❌sl: 84.6
tp1:86 tp2:86.4 tp3:86.7
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Daily resistance is 87.7, support below is 83.4
Four-hour resistance is 86.2, support below is 85-83.4

Crude Oil Operating Advice: WTI oil falls below $85 after Iran's attack on Israel ended without any major impact. U.S. Secretary of State Antony Blinken is talking to several leaders in the region in an effort to ease tensions. Against the backdrop of optimism in U.S. retail sales, the U.S. dollar index began to rise wildly.
Crude oil is currently in a high consolidation stage. From the four-hour analysis, we can see that the top line is 86.2-87 line pressure and the bottom line is 85-83.4 support during the day. We will rely on this range to maintain the strategy of selling high and buying low during the day.


BUY:85 near
BUY:84.0 near
SELL:87.7 near
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