The direction is not clear, and Crude never gave a good sell signal.
Short term upside target is 64.80.
There are three trading options to choose from today:
To see if Crude can reach 64.80 and then go short.
To go short at the market with either a tight buy stop or a wider buy stop around 64.80.
To wait until Crude confirms a sell signal which is below 60.85.
It is risky being either short or long and for now we wait until we get either confirmation.
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Crude Oil Mar 1 2021