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Oct 11, 2022 7:36 AM

USOIL insidebar formation broke Short

TVC:USOIL240
WTI CRUDE OILTVC

Description

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On the 4-hour chart, USOIL has formed an insidebar subbreak with short term bears in favor. Look for resistance near 90.5 for now, consider shorting if there is any resistance on the rebound, lower 1st target 87.0, 2nd target 85.5.
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