On Friday last week, the Target Zone 96.93 – 95.86 was reached. After reaching the TZ, traders exited large sales, and the price corrected in the Additional Zone 99.84 – 99.57. The AZ was held. Today, this resistance level is being retested. Therefore, as long as sellers hold resistance, look for sales with the target at April 1 low.
If the Additional Zone is broken out upside during the trading session, then the correction will continue with the target in the trend border of 102.80 – 102.26.
USCrude trading ideas for today:
- Sell according to the pattern in Additional Zone 99.84 – 99.57.
TakeProfit: 96.93.
StopLoss: according to the pattern rules. - Sell according to the pattern in Intermediary Zone 102.80 – 102.26.
TakeProfit: 96.93.
StopLoss: according to the pattern rules.
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