Oil rebounded from important support in the region of 65 and started to grow, I believe medium-term. I do not exclude intermediate corrections, but in general we aim at the area of 73 and there I will be specified. On the way of growth we have resistance in the area of 71.50 and from there we can bounce down locally. But I believe that then we will continue the growth to the specified targets.
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Beautiful workout of WTI trade recommendation
On oil in the last post both on the open channel and clarified in the private channel , our priority for growth remained relevant and 1/2 of the margin at 68.70 worked out beautifully. The price continues to rise and now I am targeting the area of the new margin at 74.70. On the way there will also be resistance in the form of trend line and other levels, so if they make a local culmination, I will fix buys earlier.
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