USOIL: SELL @ 86.3-86.8

Yesterday, EIA was good for shorts. The market rebounded quickly after falling. It is now near the resistance level (86.3-86.8). The indicators show that shorts have the advantage, so the transaction can be sold in the resistance range first. The support is 85.6-85.2, which can be used as the TP level.

If it falls below the support, look at the 84.4-83.3 range below.

Pay attention to the rebound after falling below the support, and focus on the vicinity of 85.8.
If there is no breakthrough, you can sell a second time.

Then continue to pay attention to the support range. If the support is valid, close the short position and go long.

If the support falls below, 84.8-84.4 can be used as the TP target.

Trade aktif:

it is approaching support