FX:USOIL   CFDs on Crude Oil (WTI)
Here we saw the market in a down trend making lower highs which was violated when price broke out of the trend line and a higher high was formed. Price pulled back to the trend line which now seems to of turned into support and we also see there is a demand zone at the same point.

- Demand zone
- resistance turned support
- engulfing candle
- new up trend potentially forming
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