The oil short-term uptrend continues; the upside target is Target Zone 84.03 – 82.98. I recommend entering purchases after the false breakout of the low of February 17. The first upside target is the high of February 13.
If the key support 75.79 – 75.29 is broken out and the price consolidates below, the short-term trend will turn down. In this case, it will be relevant to sell oil with a target at the lower Target Zone 70.84 – 69.85.
USCrude trading ideas for today:
Buy according to the pattern at support (В) 75.79 – 75.29.
TakeProfit: 80.72.
StopLoss: according to the pattern rules.
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