USCrude – oil
The price is rolling up from the key support to the middle-term uptrend at [53.77 – 53.40]. I recommend opening/holding up purchases according to the pattern with a target to break through the August high and reach Target Zone 2 [58.13 — 57.77].
In the short timeframe, the price has broken through the previous high and consolidated above. The intermediary zone has also been broken out, and so, the short-term trend has reversed upwards.
For today, it is relevant to look for purchases from the strong supports Additional Zone [54.82 – 54.73] and Intermediary Zone [53.91 -…
Read full author’s opinion and review in blog of #LiteForex