Crude oil is tapping a weekly demand on a wick today, I use this chart to assist in my OXY moves. This would be a decent zone to add to an open position. I circled the candle I used to create the demand zone for educational purposes. I like to take the bottom wick of the red candle leading to a rally and end the demand one on the adjacent candle body towards the bottom end. I do not like to use thin candle bodies as demands if they can be avoided.
-77-81$ seems like a buy zone here on the weekly for continuation
-My target of 90-92$ remains
-77-81$ seems like a buy zone here on the weekly for continuation
-My target of 90-92$ remains