Oil approaches key resistance zone. What's next?Brent Crude FuturesICEEUR_DLY:BRN1!Pinky_BrainHi, all!👋 Oil continues to rally after negotiations epic fail. Right now: "The US Central Command has prepared for a series of short strikes on Iran. Trump will consider military action if Iran does not act." So the asset gains 6.26% daily. Prices approach key resistance zone of 120-150. Me, personally, don't think that US will do anything serious. I think TACO will repeat. However, right now NACHO (Not a Chance Hormuz Opens) is in process and supports prices. Will see. There is not much space left for reaching the resistance. I am not rushing into trade.