Eliarich
Long

Oil a change in trend?

FX:USOIL   Crude Oil (WTI)
90 0 1
Looks like the oil             is entering a new phase that could lead him to a new target of 50.80$, the 43.60$ level is the main hurdle (near market levels now). The most probable scenario after that would be that the market will range trade in a new range of 43.60$ - 50.80$.
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