The Oil is directly affected by the coronavirus situation.
We have seen a sharp drop in the last few days.
Current values $45.60
If the circumstances become deeper, the Oil will continue fall, with the very first support level at $42.50
We think that now is the time because we have uptrend on H1 and we want to enter after the correction.
The stop loss can be under the last bottoms - 1,30.
The expected uptrend can be followed in the next few days through the daily graphics and values over 1.35.
Are you ready to buy?
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