StockBoardAsset
Long

BARR Formation Lead-in Attempt by OPEC Headlines

FX:USOIL   Crude Oil (WTI)
113 0 3


WTI is attempting a lead-in on a BARR formation. This counter move is currently being produced by OPEC headlines. We saw this type of headline manipulation and expect a counter move to the 43-45 ceiling. Ultimately, we are bearish after this countermove with a price target of 35 on s1 monthly pivot.
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