Preferred direction: BUY
Comment: After a very long accumulation in oil, most likely the buyer is ready for the long-awaited growth. According to the results of yesterday's trading, the price was fixed at the highs, which indicates the strength of the buyer against the backdrop of growing market sales.
In this regard, we maintain a strong buy priority towards levels 86 and 87. Both scenarios are displayed on the chart, where scenario №1 is more likely.
Additional comments on this trade will be provided as situation changes. Follow us!
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Comment: After a very long accumulation in oil, most likely the buyer is ready for the long-awaited growth. According to the results of yesterday's trading, the price was fixed at the highs, which indicates the strength of the buyer against the backdrop of growing market sales.
In this regard, we maintain a strong buy priority towards levels 86 and 87. Both scenarios are displayed on the chart, where scenario №1 is more likely.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for boost and share your views!
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