USCrude – oil
Oil is trading in the middle-term uptrend. The buy target for this week is Target Zone 2 [59.83 – 59.43]. Hold long positions up either from the support at [55.86 – 55.43], or according to they pattern in the zone of [53.82 — 52.42].
In the short-term trend, the price yesterday reached Target Zone [58.05 – 57.65]. The buy target has been reached. The price will further grow if the bulls break IZ out and consolidate above.
If they do, the next upside target will be Gold Zone [59.85 – 59.65]. This scenario is 70% likely to…
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