Major breakdown

TVC:USOIL   CFDs on WTI Crude Oil
169 0
This could move all the way to the bottom of the channel. Support for pushing higher was lost and the price broke down today. There is an outside chance this stabilises around $47.32, but odds favour a sharper move down to one of the two lower fibs - probably where they intersect with the pitchfork . Target #1 =$45, target #2 =$42
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