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USOIL ANALYSIS

Long
CFDs on Crude Oil (WTI) (FX:USOIL)  
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FX:USOIL   CFDs on Crude Oil (WTI)
Elliott Wave Trend Analysis Chart Patterns
1
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elliottwaves trendanalysis chartpattern
The decline from 08th march to date has been corrective in nature. If the was done at $85.709 bottom then growth is expected to target range of $146.198 and $156.490 per barrel which is forecasted by the reverse Fibonacci of the completed correction. The analysis is valid as long as prices stay above the $85.709 price level

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