The short-term oil uptrend continues with a target at the last week’s high. Now the price is rising in the Additional Zone 86.66 – 85.61. The traders’ task is to hold long trades with the target indicated above. If the upper Target Zone 88.69 – 88.10 is broken out, the next target will be the Gold Zone 91.32 – 91.03.
It is necessary to break out the Additional Zone and update Friday’s low to enter oil sales. In this case, the price will go into a deep correction with the target in the Intermediary Zone 85.12 – 84.82.
USCrude trading ideas for today:
Enter purchases/hold purchases in Additional Zone 86.66 – 85.61.
TakeProfit: 88.10.
StopLoss: 85.79.
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.
