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WTI CRUDE OIL targeting the top of the Triangle at 79.50

Long
CFDs on WTI Crude Oil (TVC:USOIL)  
TheCryptagon  
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Chart Patterns Technical Indicators wticrudeoil Crude Oil Oil WTI Energy Commodities Commodities
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trendanalysis chartpattern indicator wticrudeoil crudeoil oil wti energy commodities
WTI Oil almost hit the bottom zone of the Triangle and is rebounding.

There is still some more room to decline but on a 1/2 RR ratio you can take that buy and target 79.50.

RSI supported on Higher Lows.


Previous chart:

WTI CRUDE OIL Bearish under the 1day MA50

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