The oil short-term uptrend continues. The first upside target is the high of December 15. The second target is the upper Target Zone 81.80 – 80.75. The price is rising from support (A) 74.06 – 73.69.
Today, I recommend holding up long trades at a breakeven, according to the previous trading recommendations. If support (A) is broken out the correction will continue down to support (B) 72.19 – 71.62.
USCrude trading ideas for today:
- Hold up purchases entered at support (А) 74.06 – 73.69.
TakeProfit: 77.77.
StopLoss: at breakeven. - Buy according to the pattern at support (В) 72.19 – 71.62.
TakeProfit: 77.77.
StopLoss: according to the pattern rules.
Myanfx-edu does not provide tax, investment or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors.
Go to Register with LiteForex Platform
Financial Trading is not suitable for all investors & involved Risky. If you through with this link and trade we may earn some commission.
