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UnknownUnicorn13514545

Usoil Double Top Monthly pattern/likely to test the 65 handle

Short
CFDs on WTI Crude Oil (TVC:USOIL)  
UnknownUnicorn13514545  
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Technical Indicators Beyond Technical Analysis Crude Oil WTI usoilanalysis usoilsignals usoilsignal wtisignals crudeoilforecast
3
0
trendanalysis indicator beyondta usoil usoilanalysis usoilsignals usoilsignal wtisignals crudeoilforecast
76.50 level monthly resistance/top looks like a strong rejection level ,profit booking like pattern has already formed after the OPEC meeting and indications are clearly visible in the weekly chart. Speculative sentiment index is around 50/50 hence we are expecting the price to drop and test the 65 handle monthly support .

Signal : Sell every rise
Target ; 65 Handle
Stop loss / Buy stop : Above 76.50
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