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Sunday, June 06, 2021

πŸ”₯ Crude Oil: balance of week is main support level for today.

πŸ”₯ Crude Oil: balance of week is main support level for today.

WTI CRUDE OIL TVC:USOIL

πŸ“Š In case of breakdown and consolidation below the option balance of the day level (69.20), we expect subsequent decline with the target,- limit buyer (68.59).
The close of the balance of the week (68.50) further strengthens it.
The main scenario for the second half of the trading day is a successful test of the limit buyer (68.59) and the subsequent rise with the target benchmark,- level of the limit sellers (70.54).
⏳ In case of break and fixation above the mentioned resistance, the final upside target for the first working day is the market maker's loss (71.20).
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