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blackswanhaven

OIL tapped resistance

Short
CFDs on Crude Oil (WTI) (FX:USOIL)  
blackswanhaven  
FX:USOIL   CFDs on Crude Oil (WTI)
Supply and Demand Fibonacci Trend Lines
9
0
supplyanddemand fibonacci trendline
Oil reached important resistance level and looks like a mild rejection. Punting a short here, break below 24.7 will send us to 19.34. Confluence with 0.5 fib at 19.2. Bear div spotted as well.

Break above the Supply OB, I'll reconsider taking longs.
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