Oil reached a low of around 80.2 yesterday, and then rose to around 81.3. The current 4H support is 80.18, and 81.2 is now a resistance point. From a technical point of view, it is currently a downward trend. Pay attention to the support of 80.18. If oil breaks through 81.2, I think it may be in the short term. Reaching around 82.5, please note that this Friday is the delivery period of the futures contract, which will also have an impact on oil.

Today I think I can buy at 79.8-80, SL: 79.6, target 81

Or sell at yesterday’s resistance point of 81.2, SL: 81.5, target: 80.2

The above are my trading suggestions for your reference. However, the market changes very quickly. You need to learn to observe and control your positions reasonably according to your funds. This will increase the possibility of making a profit. Even if the transaction fails, you will not lose too much.
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As I expected, it broke through 81.2 and reached 82.5
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