After confirming a bottom near $58.20, crude oil immediately rose to the $58.63 range. The entire trading day experienced limited volatility, oscillating within a narrow range of $58.20-$58.63. The opening price was set at $58.55, with Asian and European sessions maintaining a consolidation pattern. During the US session, there was a slight pullback to touch the $58.20 low, followed by stabilization and a rebound.



From the candlestick pattern, the daily close shows a doji star—where the upper shadow is slightly longer than the lower shadow—which is noteworthy. Doji stars often indicate an imminent directional choice. Considering the current position, there is clear resistance above.

The upcoming trading strategy is as follows: if crude oil continues to rebound, the first resistance level is around $59.0. This price point is a key observation area. Once the rebound approaches this level, consider short positions in the resistance zone. The support and target levels are set near $57.10. Overall, short-term shorting opportunities are relatively clear.
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BankruptWorkervip
· 10h ago
It's another small-range fluctuation; it's really nerve-wracking. Is the short-term bearish opportunity clear? I feel like the 59 level looks a bit shaky. Wouldn't it be a real confirmation only if 57.1 is broken?
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FlashLoanKingvip
· 10h ago
The star is about to choose a direction again, and the bearish opportunity is indeed clear.
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ConsensusDissentervip
· 10h ago
It's another sideways consolidation pattern, it’s making me fall asleep. It would be great if these doji stars could truly predict the direction. Last time I said that, it resulted in a reverse breakdown. Can $59 really hold? The pressure doesn't seem that strong. The target of 57.1 feels a bit arbitrary. Why does it have to be that specific number? Is this a clear shorting opportunity? I think you're trying to wipe out my account, haha. Maybe I should wait for the Federal Reserve speech before taking action? Entering now feels too early.
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ContractTestervip
· 10h ago
The morning star is indeed interesting; the 59-dollar level should be a good shorting point.
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LongTermDreamervip
· 10h ago
A shooting star, it's this old friend again. I used to see it often three years ago. As it turns out, I still have to rely on stop-loss to survive, haha.
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SolidityJestervip
· 10h ago
The thing called the "X-shaped star" is really a crossroads in life. The bearish activity is coming.
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GateUser-addcaaf7vip
· 10h ago
The doji star is back, and this bearish opportunity is indeed good. It's again in a box range, and the US market is just starting to play. If it can't break through $59, it might have to go down further. This bottom at $58 was confirmed so quickly? Feels like it needs to test again. The bearish strategy is clear, but it depends on the Federal Reserve's stance.
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