Oil price rose and reached the main target in the short-term uptrend. The price tested the Target Zone 81.80 – 80.75. If this zone is broken out, the next upside target will be Gold Zone 84.60 – 84.25.
I suggest entering new purchases on the correction at strong levels, support (A) 77.56 – 77.21 and support (B) 75.81 – 75.29. The first upside target will be today’s high.
USCrude trading ideas for today:
- Buy according to the pattern at support (А) 77.56 – 77.21.
TakeProfit: 81.00.
StopLoss: according to the pattern rules. - Buy according to the pattern at support (В) 75.81 – 75.29.
TakeProfit: 81.00.
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.
