Oil buyers held the short-term uptrend. Therefore, the growth target remains February 4 high in the Gold Zone 91.32 – 91.03. If this high is updated and the price consolidates higher, the next growth target will be the Target Zone 3 94.54 – 93.95.
Today, the search for oil purchases is of primary importance. To enter purchases, wait for the pattern formation.
Oil sales require a breakout of level 87.75. In this case, the short-term trend will reverse down, and the target for sales will be the lower Target Zone 85.61 – 85.00.
USCrude trading ideas for today:
Buy according to the pattern in Intermediary Zone 88.69 – 88.38.
TakeProfit: 91.75.
StopLoss: according to the pattern rules.
Myanfx-edu does not provide tax, investment or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors.
Go to Register with LiteForex Platform
Financial Trading is not suitable for all investors & involved Risky. If you through with this link and trade we may earn some commission.
