The oil short-term trend continued yesterday. The price broke through the high of March 23. The price closely approached the Target
If the TZ isn’t broken out, the price will be corrected down. Following a correction, the price could reach new strong support levels. I recommend entering long trades in the support zones with a target at today’s high.
USCrude trading ideas for today:
- Buy according to the pattern at support (A) 70.21 – 69.92.
TakeProfit: 73.05.
StopLoss: according to the pattern rules. - Buy according to the pattern at support (В) 68.76 – 68.33.
TakeProfit: 73.05.
StopLoss: according to the pattern rules.