Oil range bound and possible decline
Updated
Crude oil looks range bound at the current moment with a break of the wedge up or down indicating a nice sell or buy opportunity.
I remain bearish and am selling at the top of the wedge. Expecting to see below 50 by year end
I remain bearish and am selling at the top of the wedge. Expecting to see below 50 by year end
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OIl maintains in the channel after a fake breakout yesterday expecting it to touch the bottom now. Since we have a fake breakout we could possibly expect a further decline
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