Last week, oil broke through the range of 88.3-91.2 and rose as high as near 95.
Last week, I predicted that if it breaks through 91.2, it will be more likely to rise, but I did not expect that oil will rise so much. Every time it rises rapidly, there will definitely be a reversal. Now the oil is around 89.7 and it is back in the range, so now we still judge the transaction based on 88.3-91.2.
If the oil falls below 88.3, then it is necessary to judge that the range is invalid, so you need to observe more when trading, or strictly set the stop loss.
It is still possible to buy at low levels and sell cautiously at high levels in the range.
If my thoughts are helpful to you, please like and subscribe
노트
Waiting is also important
노트
You should keep up
노트
You need to observe the range again
노트
Today is the same as I predicted
노트
If you keep up with my strategy, then the chance of making a profit today is very high