📢 Crude Oil: current oil targets for 12-16.04.2021
Updated
🔘 Major market participants continue to gain bullish positions near the hedger support zone. Thus, the current total volume of limit buy orders amounted to 81.7m.
It should be noted that over the last week, institutional investors have partially reduced the bullish bias. Thus, CoT reports that the buying bias decreased by 4%.
We therefore have reason to believe that Smart Money intends to continue to push for sellers during the new trading week.
In case a sell pattern forms in the weekly hedger resistance zone (60.00-60.59), there is a possibility of a decline with the target before the end of the week,- the previously mentioned $57 per barrel.
🔺 In case of breakdown and fixation above the premium level of hedger resistance zone (60.59), we expect the continuation of growth to the price level of 63.00, where the market maker loss level is located.
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It should be noted that over the last week, institutional investors have partially reduced the bullish bias. Thus, CoT reports that the buying bias decreased by 4%.
We therefore have reason to believe that Smart Money intends to continue to push for sellers during the new trading week.
In case a sell pattern forms in the weekly hedger resistance zone (60.00-60.59), there is a possibility of a decline with the target before the end of the week,- the previously mentioned $57 per barrel.
🔺 In case of breakdown and fixation above the premium level of hedger resistance zone (60.59), we expect the continuation of growth to the price level of 63.00, where the market maker loss level is located.
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📝 Crude Oil: Prioritise for Monday 
⚠️ Has settled below the week's balance level (59.50) during the Asian trading session.
The main scenario before the opening of the US trading session is a decline towards the limit buyer level (58.30).
🌐 At the formation of the pattern to buy near the mentioned support we expect the rise till the trading day closing with the target landmark,- the level of weekly hedge resistance area (60.56).
Trade active
🎯 Crude Oil: will hedgers manage to pause the rise? 
🔥 The nearest support level for today is the strike level of the hedgers weekly support area (59.50).
In case of a breakdown of the said support, we expect a decline before the opening of the US session to the level of the limit buyer (58.65).
📈 In case of suspension of decrease near the price level of 58.65 we expect the subsequent rise to the level of premium of weekly resistance area of hedgers (60.62).
Trade active
💬 Crude Oil: investors continue the hidden allocation process. 
🏁 The nearest support level for today is Wednesday's option balance (60.27).
The main scenario is to form a buy pattern near the mentioned price level (60.27) and then go higher with the target,- limit seller level (61.18).
📢 On breakdown and fixation below 60.27 we expect the decline to the strike level of weekly hedge resistance area (59.50).
Trade active
🔰 Crude Oil: the market maker benefits from the decrease in the quotes of the asset. 
⚙️ Over the past 24 hours Crude Oil reached its maximum upside target for the current week, which is the market maker's resistance level (63.09).
Today during the day the scenario of reaching the limit seller level (63.83) is likely.
📊 The main scenario for the current working day is the rebound from this resistance and the subsequent decrease to the end of the currency day with the target,- limit buyer (62.43).
Trade active
✍️ Crude Oil: the price is in the market maker's loss zone! 
The nearest resistance for today is the premium level of the weekly hedger resistance area (63.52).
⏳ In case of breakdown and fixation above this resistance, we expect the rise up to the opening of the American session with the limit seller (64.00) as a target.
📣 The main scenario before the end of the trading week is a successful test of the price level of 64.00 and the subsequent decrease with the targets,- market maker loss level (63.30) and the balance of the day (63.02).
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