Crude Oil: Today’s Strategy

3 באוק׳ 2023

Crude oil enters the market empty at 88
Continue to watch the decline, continue to watch 82, or even 75 line

Any position where crude oil rebounds is short. The current rebound of the big positive line is to enter the market for shorts. Once again, the 88 line enters the market for shorts. Get ready for a sharp drop to harvest. Crude oil rebounds, but it is still below the middle track of the Bollinger Bands. The short position is empty.
Operation strategy: short crude oil at 88, stop loss at 89, target at 82