Crude oil trading strategy on December 7

Short

WTI Rohöl CFD's (TVC:USOIL)

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TVC:USOIL WTI Rohöl CFD's

trendanalysis harmonicpatterns chartpattern xauusdlong xauusdshort xauusdanalysis usoil usoilshort usoilanalysis usoilforecast usoilprediction usoillong

Yesterday, the market rose first and then fell in the evening. It once reached the 69.10 line below and is still rebounding slightly. Now there is a desperate counterattack signal at the 69.10 line. It is expected that a rebound is about to happen. It depends on the strength of the short-term rebound. The short-term general direction remains unchanged. In the short term, we will continue to short on rallies. Specific suggestions are as follows:

Crude oil 72.60 and 74.60 are short respectively, with stop loss of 70 points and take profit of 300 points;

Crude oil is long at 69.20 and 66.30 respectively, with a stop loss of 70 points and a profit stop of 500 points.

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Crude oil trading strategy on December 7

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