morning guys,
pay attention to crude today:
the price is contracting in a descending triangle formation.
though this formation can be broken to both sides I will be focused only on the bearish violation.
if bears manage to break and close below it, the chances will be high that we will see a bearish continuation to 21.2 - next support
and then to current market low 20.2
good luck!
Trade closed: target reached:
T1 hit
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