📌Crude Oil:will there be return to market maker's comfort zone?
🌐 The asset is currently trading near the market maker loss level (61.70).
In case of breakdown of the mentioned option level the next support will be the premium level of hedge zone (61.39).
On formation of a buy pattern in the price range of 61.70-61.39 we expect a further rise with the minimum target, the limit seller (62.55).
💡 On breakdown and fixation above the limit seller (62.55), we expect the rise to the balance of the week (64.50).
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In case of breakdown of the mentioned option level the next support will be the premium level of hedge zone (61.39).
On formation of a buy pattern in the price range of 61.70-61.39 we expect a further rise with the minimum target, the limit seller (62.55).
💡 On breakdown and fixation above the limit seller (62.55), we expect the rise to the balance of the week (64.50).
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