Crude oil fluctuated upward on Wednesday, with a minimum of 77.5 and a maximum of 79.8 that day. The daily line closed at 79.5. From the daily line, the oil price has reached the upper track. Today, the focus is on the 81 line. If it rises to around $81, will there be strong resistance above?
As far as the current trend is concerned, the price of crude oil has risen to 80.3 US dollars. Waiting to see if it can reach 81 US dollars, you can make the right choice by paying attention to my signals at any time.
My suggestion is to prefer shorting at high prices: shorting in the range of 80.5-81 US dollars.
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Crude oil price fails to break above $81, let’s be patient and wait for the rise to resistance level
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Crude oil prices fluctuate slightly around $80.3
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Crude oil prices are rising to $80.5 and are expected to fall under resistance from above
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Crude oil prices rose to near the upper Bollinger Track and encountered resistance, showing a volatile trend.
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Wait for the original price to fall and continue to hold
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