Crude saw resistance at highlighted trendline Shorts can be tried with narrow SL. Ideal level is closer to 82.2-82.25 Do mange your stops. A close above 82.5 on 30 min should be a no no
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We got a 2% cut from the levels around 82. Good enough No trade for now
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If we pullback to trendline again. look to short once more
Considering bullish news (stockpile, hurricane and opec next week) maybe it is time for a reversal. We shall see if it breaks the trendline, as you say it is a critical level.
yossarian121
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@Sasha_M, We got some cuts against the bullish sentiment. Good enough for a short term trade