The oil price has corrected to the area of key resistance of the short-term downtrend, 69.31 – 69.01. This resistance is still being held by sellers, so I suggest looking for a sell pattern and selling oil with the target at yesterday’s minimum.
If the Intermediary Zone is broken through today during the American trading session, the short-term trend will change to an upward one. In this case, the target for longs will be the upper Target Zone, 72.52 – 71.94.
USCrude trading ideas for today:
Sell according to the pattern in Intermediary Zone 69.31 – 69.01.
StopLoss: according to the pattern rules.