USCrude – oil
Oil middle-term uptrend is slowing down. The price is now trading under the resistance Target Zone 5 [41.67 – 40.92]. The trend key support is in the zone of [31.01 – 30.11].
To sell oil in the correction, we need a corresponding pattern, which hasn’t yet formed. To enter buy trades, we need a test of the trend key support.
The short-term trend is up. Sellers are trying to break out Additional Zone [37.76 – 37.54] this week.
The price is now trading between two zones, below is the support and above is the resistance [39.18 –…
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