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ztokar
Mar 31, 2016 4:18 AM

Oil Corrective structure developing Long

Crude Oil FuturesNYMEX

Description

Looks like a corrective structure is developing. Since the trend is non-volatile so far (with no bear breaks below the 20 ema, I am guessing the structure will base around the 20 ema, so looking to get long there with confluence from s/r levels.
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