Buy crude oil at 78.5.
Trading is about making profits, not about venting frustration or trading for the sake of trading. Therefore, traders must understand what stage the price is at and take appropriate actions. Traders are neither always long nor always short, but always adapt to changes in the market. Traders must have their own defense system to control risks. Risk control and capital management are essential in your trading.
On Friday, oil prices recovered from a brief sell-off, rising more than $1 and the weekly chart also showed an increase, boosted by new optimism surrounding demand from the largest oil importing countries. Friday saw a large bullish rally, closing at a high level, while on Monday prices weakened during trading.
Regarding operations, the key point to watch above the crude oil price is near the 80.5 level, which can serve as a reference for selling. Looking below, the support near the 78.5 level is a good point to buy in with a small position, while the strong support at the 77 level can be a point to buy in with a large position.
Feel free to leave comments and discuss, follow me to make trading easier.
Nota
Crude oil is falling as expected and approaching the buying point for long positions.Trade attivo
Nota
Waiting for profit to be realized.Nota
Continue to wait for the yield to expand.Nota
The automatic take-profit point has been reached, and the perfect profit has been realized by exiting the position.Trade chiuso: obiettivo raggiunto
Nota
The market is as expected, and I am preparing for a new round of buying.Trade attivo
Nota
Follow me to make trading simpler.Trade attivo
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.