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Sirius-Trading-Academy
May 4, 2021 2:17 PM

Crude Oil - Double Top Pattern found in one hour chart Short

Crude Oil Futures (May 2021)MCX

Description

Double Top - Bearish candles expected in the upcoming days if the demands are lowered.
After the double bottom the market has showed a steady up trend rally. Same way now Double top has been formed.
This has happen before and again its showing a strong double top , Hence down trend rally is possible if the demands are lowered.

Given is my personal analysis.

Trade closed: target reached

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