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CFDs on Crude Oil (WTI)
Short
Updated

Oil is About to Reverse

4 825
USOIL is at the end of its first wave, Leading Diagonal, and targets 38.
Note
Sell Signal will trigger once the lower trend of the rising wedge gets broken.
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I expect the wedge to break down any time soon. Good Luck! snapshot
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Uptrend broken. snapshot
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USOIL is in wave E of X. snapshot
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Time to approach B target.
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This weekly candle has a lot to say ;) snapshot
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Line Daily Chart. Broken uptrend. snapshot
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Approaching target.
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Allow it to go lower this week. snapshot
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Heading toward target.
Trade closed: target reached
Oil might go lower but this level is good enough.
Bandarsq
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crudeCrude OilDXYEURUSDGoldOilSPX (S&P 500 Index)S&P 500 (SPX500)Crude Oil BrentUSDUSD (US Dollar)Crude Oil WTIXAUUSD
Bandarsq

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.