Forexbats

Downside bearish rectangle breakout

Short
FX:USOIL   CFDs on Crude Oil (WTI)
Price seen have bounced off the resistenece and tended to tramble down.
Reached a zone and got trapped into a range/consolidation rectangular channel.
A final breakout is expected to be seen at the support of the channel and TP1 will be set at the first closest support level or at the previous swing low

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