Wentai Dianjin;8.2Early evaluation of whether crude oil can return to high levels50frontline?

      Yesterday eveningcrude oilInfluenced by the news, the market opened in the morning50.2be located50Above the level, the Asian market slightly rose and touched50.4Today's volatility, the European market continued the consolidation of the Asian market, with a focus on the US market period50The bearish position above experienced a pullback under pressure and ultimately broke down49.5The support point of the upward trend line has experienced a significant decline and has fallen to48.3The intraday decline was as high as2Around the US dollar, it swallowed up most of the previous days' gains, and the weekly trend shifted from positive to negative, thus ending the strong pattern of six consecutive positive days.

     Currently, crude oil has reached a high point50.4There was a significant drop in resistance, disrupting the upward channel and breaking the support point of the upward trend line49.5Position, accelerating down to48.3In terms of operation, it is not advisable to blindly place multiple orders, as the short-term trend has changed, and the six consecutive positive days on the daily line have been terminated. A whole negative drop has swallowed up the gains of four trading days,5The daily moving average has also been declared lower.4The hour directly fell from the Bollinger upper track to the Bollinger lower track, and the continuous negative decline is expected to open up the downward space of the Bollinger lower track. Therefore, the operation has shifted to a bearish mentality and can rebound into the short track. Pay attention to the above49.2One line, rebound this position can be empty, follow below47.8-48frontline. Tonight?EIAData release: Currently, friends who have a set of orders should implement unwinding as soon as possible, freeing up their positions to capture the profits of the evening market;

Crude oil operation suggestions
  proposal48.7Light position with multiple orders near the US dollar, stop loss48.5, Objective49；

    No matter what kind of market situation you are facing, why others can grasp the market and always easily make profits and exit, but you have to worry about the order and ultimately cannot escape the loss outcome. Personally, I believe that apart from superficial comparison, have you found the root cause? Everything in the world has a cause and a result. Many times, don't rush to enter the market and trade. Be sure to listen to the voice of the market. If the market is not clear, I generally do not allow my physical clients to operate, Good market conditions and positions require patience, and when making investments, one must understand how to hold onto capital before seeking profits. writing/Wentai Dianjin WeChatwtdj666