Last Friday, I entered a short position on crude oil at 76-76.5, and successfully exited with a profit. However, the market then experienced a strong rebound, highlighting the importance of setting stop-profit orders in advance. It also indicates that crude oil has a relatively strong resistance to falling, but the overall trend remains bearish. Therefore, my personal recommendation is to focus on shorting on rallies, and I suggest entering a short position above $77, gradually adding to the layout.
I will update my final trading strategy for reference next week's opening, and I hope it will be helpful to my friends. If you have any questions, please leave a message for me, and I will provide you with the safest advice. Your attention and support are the driving force behind my continuous updates.
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Crude oil is currently around 75.74. We successfully sold at 76.5 to make a profit. Thank you for your support, congratulations
