USCrude – oil
Oil reached Target Zone 5 [41.67 – 40.92] in the middle-term uptrend. If buyers break this zone out, the next will be Target Zone 6. Otherwise, the price will be corrected down.
The trend key support is in the zone [32.04 — 31.14].
The oil short-term trend is also up. The price is now being corrected, it is rolling down from TZ5. The first target of the corrective move is to test Additional Zone [39.49 – 39.30].
After AZ is tested, I suggest looking for a pattern to buy oil with the target to break through the…
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