Best trading strategy for Crude Oil

  • Jan 27 2023
  • by
  • Analyst AZA
Best trading strategy for Crude Oil

Best trading strategy for Crude Oil

In this trading tip, we will show you how to trade crude oil in a volatile market. The price of crude oil continues to rise and approaches the resistance level from which it bounced earlier. The most profitable trading strategy is to wait for the nearest resistance level to be broken and go long with a 70 pips target.

Symbol: USOIL
Order Type: Pending Order - Buy Stop
Entry Price at 82.60
Take Profit at 83.30
Pips Earning: 70

Trading in forex for beginners:
EURUSD buy at the price of 1.0935
USDJPY sell at the price of 129.45
GBPUSD buy at the price of 1.2420
USDCHF buy at the price of 0.9240

Forex brokers for US traders
The profit can be $70.00 if the trading volume of 100 Futures.


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