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Elliottician
May 12, 2015 10:59 AM

Short USOIL R:R 6.37:1 Short

Crude Oil (WTI)FXCM

Description

As posted in my previous chart. I discussed that we are in a bearish cycle of the Crude Oil market. Since prices are reacting to a region of multiple fibonacci retracements, I believe that we may see a downward movement.

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