Horizontal zone retracement opportunities
Weekly chart shows buy signal for mid term target at red box zone
With the weekly candle piercing the previous support and following a green candle in this week, we could expect the price will try to reach its resistance again
In the horizontal zone retracement was 1, 33%, 2, 24% and the latest 30%.
The first low US$54.00 will serve as the 2nd support
