USOIL:Today's Trading Strategy

Oil prices rose slightly during the European session as Saudi Aramco delayed plans to increase production from 12 million barrels per day to 13 million barrels per day by 2027. WTI crude oil recovered after falling sharply during the U.S. trading session, hitting an intraday low of $76.77. Crude oil is currently recovering and repairing. You can sell high and buy low. The high-altitude ideas given on Monday are also profitable.

As shown in the picture, today's strategy suggestion: go short near 79-79.3 above crude oil, defend 80, target around 77-76, go long backhand near 76 below, defend 75.2, target around 78-79


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