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SinatraFX SinatraFX USOIL, 240, Short ,
USOIL: August 2015 lows as resistance to USOIL at 39US$ +divergence
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USOIL, 240 Short
August 2015 lows as resistance to USOIL at 39US$ +divergence

August 2015 lows as resistance to USOIL at 39US$ As we all know USOIL mainly reacts to markets' moves, so we will have to see how markets pick up the doom & gloom news from the ECB on monday/tuesday. Technically it clearly is a short, with growing bearish divergence in the H4 between RSI and the curve. Decline is possible down to 34US$ (0.382 Fib support + ...

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