CFD Petrolio WTI
Short

USOil:Profit realized by shorting on rebounds

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On Thursday, crude oil dipped and then rallied towards the end of the trading session, reaching a low of around 69.1. Today, it rebounded to around 69.8 and then started to decline. The short-selling strategy implemented in the morning resulted in a profit.

Next, attention should be paid to whether the upper resistance level of 70 can be broken through. If it cannot be broken through in a short period of time, consider shorting again during the subsequent rebound.

USOIL Trading Strategy:
Sell@69.7-70
TP:68.5-68

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