Kereskedési feltételek
Products
Eszkozok
Crude oil is close to strong resistance near 76.90 that ideally will be able to cap the upside for a larger corrective decline towards at least 57.67 and possibly even closer to 46.83, vut for now the uptrend since March 2020 remains intact, but very stretched.
Short-term, we will need a break below minor support at 72.32 to indicate that a top is in place and the larger corrective decline is in motion.
Trading recommendation:
If long take profit and revers your position near 76.90 and keep your stop tight at 72.25
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.