Crude oil is facing pressure again, be careful to continue to co

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In life, I have my splendor and beauty, so I don't have to look up and envy others, and add unnecessary troubles to myself. "You stand on the bridge and look at the scenery, and the people watching the scenery look at you upstairs", you are the most beautiful scenery in the eyes of others! I have no wealth. As long as I still have happiness and pursuit, I may not necessarily succeed, but I have worked hard and have no regrets. Failure is also the wealth of life.

Crude oil here, from 83.5-63.8, we can see that the high point of last night near 73.7 happened to be the 50% split position of this trend.

Therefore, here in crude oil, as long as it cannot stand above 73.7 in the short term, it will continue to rectify and pull back downward.

The lower position is here at 71.4, so crude oil here can be shorted based on the 72.6-73.0 range, and the defensive stop loss is above 73.7.

The lower target first looks at 71.4, followed by the low point of 68.4.

Traders, if you like this idea or have your own opinion about it, please write in the comments. I will be happy 👩‍💻
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crude oil as expected
Trend AnalysisTrend Lines

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