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TreeDoc
Jul 31, 2016 11:28 AM

Risk / Reward is in favour of Crude Oil longs leading into EIA Long

Crude Oil (WTI)FXCM

Description

The wedge from early July could be resolved on Wednesday ....
Comments
sanjayplayer
can't understand much due to many lines of chart.
TreeDoc
It's a messy chart I know ... most of the lines are my support and resistance lines. The main idea is the move towards the yellow wedge. The way the market played out to the downside today, makes that upward journey far more arduous. However a good EIA report could still work some magic!
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