Oil is moving in a bullish pattern. We expect the continuation of the rise from the purchasing liquidity support area at 86.36 levels, to target the selling liquidity resistance area at 90.20 levels, and from the resistance area we expect it to form the top of the week.
But in the event that a four-hour candle closes below the level of 85.47, it is expected to descend directly, targeting the purchasing liquidity support area at 80.98 levels, and from the support area, we expect the bottom of the week to form.
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