lavishlunch
Short

Oil range bound and possible decline

TVC:USOIL   CFDs on WTI Crude Oil
Crude oil looks range bound at the current moment with a break of the wedge up or down indicating a nice sell or buy opportunity.

I remain bearish and am selling at the top of the wedge . Expecting to see below 50 by year end
Trade active: OIl maintains in the channel after a fake breakout yesterday expecting it to touch the bottom now. Since we have a fake breakout we could possibly expect a further decline

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