Crude oil has plunged sharply for another market shakeout driven by news‑driven factors, falling back below
$80. This presents an excellent buying opportunity right now.
I expect crude oil to trade steadily within the $80‑90 range this year, though repeated heavy market shakeouts will take place. The price near $75 offers the best buying chance. It should rebound at least back to $82‑85. Take partial profit‑taking when price hits $88‑90. I will keep delivering accurate trading signals.
Trading carries substantial risks. Please trade under professional guidance to avoid account losses.