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Aleksin_Aleksandar
Aug 3, 2021 8:33 PM

Oil in parallel channel 

Crude Oil (WTI)FXCM

Description

An ascending parallel channel with a smaller descending trend line connecting the previous highs, forming a resistance line to continue the bullish trend. There is a chance that we will descend again in the zone around $ 68.00 due to the increase in new cases of Coronavirus and announcements for new lockdown around the world.
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