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Martinspoon
Oct 28, 2018 8:48 PM

Previous level of Support providing Resistance? Short

Crude Oil (Brent)FXCM

Description



The following short trade marked on the chart is available, if the current trend to the downside continues and the marked level of previous support provide a strong resistance to turn price away, falling. For conservative traders, you may wait for a high to be given and sell the third candlestick. This is because Crude still has room to hit a possible resistance.
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