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Thursday, May 27, 2021

πŸ”₯ Crude Oil: will the market maker's loss be reached?

πŸ”₯ Crude Oil: will the market maker's loss be reached?

WTI CRUDE OIL TVC:USOIL

The past 24 hours have worked out the test of the limit buyer level (65.19) with a slight underperformance.
In case of successful test of the Limit Buy (65.47), we expect the price to go up with the nearest target, the balance of the day (66.22).
In case of breakdown and fixation above the mentioned resistance, the final upside target by the end of the week will be the market-maker's loss level (66.81).
♻️ On breakdown and fixing below the limit buyer (65.47) the next support will be the $11m upside position gain (65.00).
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