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WTI CRUDE OIL Over the 1day MA50. Bullish break out.

Long
CFDs on WTI Crude Oil (TVC:USOIL)  
TheCryptagon  
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Chart Patterns Technical Indicators wticrudeoil Oil Crude Oil oiltrading wtioil Energy Commodities Commodities
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trendanalysis chartpattern indicator wticrudeoil oil crudeoil oiltrading wtioil energy commodities
WTI Crude Oil closed yesterday over the 1day MA50 for the first time since April 28th. The 1day MA50 was a Resistance with 3 clear rejections since.

This is a technical bullish breakout, targeting the 1day MA100 at 73.50.

If rejected there, sell and target the Support Zone at 67.50.

If it closes a candle over the 1day MA100 too, buy again and target the 1day MA200 at 76.50.

The 1day RSI is on a Rising Support, which can be used as a sell target and buy entry.

Previous chart:

WTI CRUDE OIL Straight buy and sell at the top approach.

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