USCrude - oil forecast for the week of 9-13 March 2020
This week, oil reached Target Zone 6 [43.90 - 43.55]. After that, a correction. As part of the correction has been tested key resistance trend at levels [47.21 - 46.86]. Resistance was maintained for three days.
Near resistance was formed figure "triangle" for graphs of smaller periods. On Thursday he held out of the "triangle" down, and today we see a continuation of the downtrend.