Fxprotrader

Crude Oil Sell Off Is Coming

Short
FX:USOIL   CFDs on Crude Oil (WTI)
Price in Crude Oil is moving into a wedge pattern. Looking in MACD we may see a bearish divergence so we should be prepared for a potential reversal. A breakout below the lower bond of the pattern will signal the sell off but first a sell setup should be complete before going short.
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