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And28
Jun 7, 2016 12:06 PM

USOIL Rising Wedge  Short

Crude Oil (WTI)FXCM

Description

Closing out on the Rising Wedge & Bearing divergence appearing. Likely continuation of downtrend.

Awaiting further confirmation as it tests the $50 resistance, to complete cypher pattern in the longer term. Possibly a swing trade & go long after cypher completes.
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