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USCrude – oil
Oil middle-term trend reversed upwards. Buy target is Target Zone 2 [58.13 – 57.77]. The zone of good prices to enter buy trades is at [54.48 — 53.40].
Buyers couldn’t reach Target Zone 2 [58.13 – 57.77]. There wasn’t a buy pattern in Intermediary Zone [55.59 – 55.41].
As a result if the price drop, oil short-term trend reversed downwards. Sell target is Target Zone [53.77 – 53.40]. Look for sell entries according to the pattern in the strong resistance zones, Additional Zone [54.94 – 54.85] and…
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