⛽ Fundamentals:Geopolitical conflicts in the Middle East persist, supporting oil prices on supply concerns. However, prices have risen excessively in the short term; IEA oil reserves release adds downward pressure, increasing the risk of a pullback from high levels with extreme volatility.
📉 Price has retraced to the psychological level of 100, with intense long-short competition. Strong support lies at 96; upside resistance is at 103.0
🎯 Trading strategy: prioritize short positions on rebounds.
Entry: Light short positions between 101.2–103.0
SL: 104.5
TP: 97.5-96.0
💡The previous signal has achieved profitability.Follow me for more consistent trading strategies.
📉 Price has retraced to the psychological level of 100, with intense long-short competition. Strong support lies at 96; upside resistance is at 103.0
🎯 Trading strategy: prioritize short positions on rebounds.
Entry: Light short positions between 101.2–103.0
SL: 104.5
TP: 97.5-96.0
💡The previous signal has achieved profitability.Follow me for more consistent trading strategies.
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