USOIL Today's strategy

5 May

From a technical perspective, if USOIL can take advantage of the weakening of the DXY, stabilize and rebound near the current price, and break through the key resistance level, it may be able to form an upward trend. However, if it fails to effectively withstand the impact of the production increase by OPEC+, and breaks below the key support level, the price is likely to decline further.

Currently, it is necessary to closely monitor the competition around the price level of $55. If this level can be held, the probability of a rebound will increase. Once it is broken, the next support level may be around the $53 area. At the same time, continuously tracking the trend of the DXY and the subsequent policy dynamics of OPEC+ is of vital importance for judging the future trend of USOIL.

USOIL
buy@55-56
tp:57.5-58.5



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5 May

İşlem aktif

We have precisely reached the take-profit point of $57.5 and successfully locked in the profits! Thank you to every trading partner who has placed their trust in us and followed our trading advice!