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MrVolcano
Oct 5, 2016 5:35 AM

Crude - Looking bearish after recent gains (corrected) Short

NYMEX:CL1!1D
Crude Oil FuturesNYMEX

Description

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Price has reached channel resistance and is showing several signs that it could reverse from here.

  • A doji (indecision)
    A gap up
    Horizontal resistance between 49-50


Wait for price to break below support before entering short.

Order cancelled

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Trade invalidated
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