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💡Message Strategy
WTI prices climbed to a nearly two-month high, weighed down by rising geopolitical tensions in the Middle East.
📊Technical aspects
From the daily chart level, crude oil's medium-term trend is upward around the moving average system, and the medium-term objective trend is mainly oscillating upward. Oil prices gradually rise to the upper edge of the range.
From the perspective of momentum, the MACD indicator fast and slow lines cross the zero axis upward, and the bullish momentum begins to warm up. The K line closes with a small positive line continuously. If the oil price breaks through the range resistance in the later period, the medium-term trend is expected to further rise and test the 80 line.
The short-term (4H) trend of crude oil fluctuated upward and hit a new high of 70. The moving average system is arranged in a bullish pattern, and the short-term objective trend direction remains upward. The K-line closed with a large real positive line in the early trading, showing an upward main trend.
The MACD indicator opened upward above the zero axis, and the bullish momentum was dominant. It is expected that the crude oil trend will continue to break upward during the day.
💰 Strategy Package
Long Position:70.00-72.20,Target 75.50
💡Message Strategy
WTI prices climbed to a nearly two-month high, weighed down by rising geopolitical tensions in the Middle East.
📊Technical aspects
From the daily chart level, crude oil's medium-term trend is upward around the moving average system, and the medium-term objective trend is mainly oscillating upward. Oil prices gradually rise to the upper edge of the range.
From the perspective of momentum, the MACD indicator fast and slow lines cross the zero axis upward, and the bullish momentum begins to warm up. The K line closes with a small positive line continuously. If the oil price breaks through the range resistance in the later period, the medium-term trend is expected to further rise and test the 80 line.
The short-term (4H) trend of crude oil fluctuated upward and hit a new high of 70. The moving average system is arranged in a bullish pattern, and the short-term objective trend direction remains upward. The K-line closed with a large real positive line in the early trading, showing an upward main trend.
The MACD indicator opened upward above the zero axis, and the bullish momentum was dominant. It is expected that the crude oil trend will continue to break upward during the day.
💰 Strategy Package
Long Position:70.00-72.20,Target 75.50
Transaction en cours
The war accelerates the upward momentum of crude oil, and the idea of building a position is still to go long on the pullbackTrade fermée: cible de profit atteinte
Crude oil reaches resistance level, which is a good opportunity to open a positionPublications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
