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Tradecall
Feb 23, 2021 12:13 PM
Dip before a bounce higher
Long
CURRENCYCOM:OIL_CRUDE
240
Crude Oil
Currency.com
Description
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Feb 23, 2021 12:13 PM
#Oil: Price is expected to drop before the next rally. $58.50 being the point of invalidation with a target of $64.75.
Should the bears manage to sustainable break the $58.50 level, price can drop further to $54 where demand seems to be growing.
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