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TRDVMA
Jun 12, 2015 7:17 PM

OIL STILL BEAR Short

Crude Oil (Brent)FXCM

Description

Still follows the pattern and projection.Just received news that saudis ready to increase oil output.Short for long term
Comments
zhipengcfel
It looks like a bullish flag. The point is when it breaks out of the descending channel. For short term it is bearish (1 or 2 weeks i mean), for long term it is bullish (in 1 to 2 month).
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