At present, from the WTI crude oil daily chart structure, it is still not clear what the main direction will be. If, during the second half of the week, the fundamentals become somewhat dull, then WTI could fall into a ranging trend. As for how the final direction will be chosen, it still depends on waiting for reliable news-driven catalysts to take effect.
In terms of trading, for aggressive traders it would be to conduct short-term long at the lower end and short at the upper end within the range. However, the current range has also been widened, and the risk of variables in the short term has increased. Even if, in the near term, one can trade short-term long at the lows and short at the highs within the range, you must still guard against the possibility of news impacting price at any time.#原油
In terms of trading, for aggressive traders it would be to conduct short-term long at the lower end and short at the upper end within the range. However, the current range has also been widened, and the risk of variables in the short term has increased. Even if, in the near term, one can trade short-term long at the lows and short at the highs within the range, you must still guard against the possibility of news impacting price at any time.#原油
