After re-analyzing the market, the CL could break the rectangle of the treading range showing a great momentum towards the bottom giving a great chance for the bears to sell the market and then exiting at 39.80 with great profits.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.