USCrude – oil
Oil price has broken through the local high, the first target for the buy trades entered in Target Zone [56.48 – 56.11] has been reached. The second target is Target Zone 3 [61.43 – 61.07].
Oil short-term trend reversed upwards. As a result, Intermediary Zone [57.92 – 57.74] has been broken out and the price has reached Target Zone [59.93 – 59.57] without any retests. The next upside target is Gold Zone [61.57 – 61.39].
I recommend looking for new purchases on the correction towards the strong support zones, such as Additional and Intermediary Zone. The latter…
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