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GLTCAPITAL
May 27, 2019 6:28 AM

Crude OIL long term bearish outlook Short

FX:USOIL1W
Crude Oil (WTI)FXCM

Description

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Crude Oil is looking bearish in the long term. Price broke out of ascending trend line,made a re-test and got rejected of a trend line and resistance area. We can expect long term drop in Crude Oil prices and fall to the 28$ area again

Comment

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Our long term projection played out perfectly
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