Forex_Times

💠 Crude Oil: can the bears sell the market?

TVC:USOIL   CFD Petrolio WTI
🔥 The nearest resistance for the first business day is the limit seller (64.69).
In case a sell pattern forms near the price level of 64.69, we expect a decline with the nearest target,- limit buyer (62.43).
💸 At the moment of closing of the American trading session below the balance of the week (63.00) the far target of decrease by the end of the week will be the loss of the market-maker (60.19).
In case of breakdown and fixation above the limit seller level (64.69) we expect realization of an alternative scenario: increase to the level of the minimum profitability of the market maker (66.31).
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