Oil price chart analysis skills: through technical and news analysis. Technical aspects: Trend charts can often show the changes of crude oil prices, but they can't analyze the trends well. Support level and pressure level can be analyzed by the arrangement of k-line diagram; When there are double tops or multiple tops, but the price has not risen above the original top, even a bull market should not enter prematurely. Once the price rises above the original top, before it falls back, the price will often show obvious signs of rising, and it will be better if it enters the long state. Price changes often occur in the final stage of a bull market or a bear market, and investors should trade after a clear bullish or bearish signal appears.
News: Pay attention to major news, such as US non-farm payrolls data, minutes of Fed meetings, EIA crude oil inventory data, etc. You can learn to look at the K-line chart, learn technical indicators such as MADC, KDJ, and Bollinger Band, and analyze market trends in combination with data.