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if it breaks above the green line wait for a retracement a go long, if it get rejected go to a 4hr time frame to finfd opportunities to go short
seems like usd is getting weaker across board?
oil retracement before a big move?
consoidation? currently this pair is experiencing volitality due to SA's parliamentary motions! it is very sensitive to economic fundamentals
break or bounce?
ll the trendline hold?
AB=CD in play?
break or bounce?
new channel being formed? only a clear rejection from the upper trendline will validate this trade
looks like bulls are loosing momentum...upper zone shows complete rejection but this one needs a closer monitoring
trendline broken either price consolidates or retest the broken trendline was expecting wti to hit 72$ but it looks like correction is necessary b4 it jets off
if it breaks that zone we going to the bottom trendline
appart from the formation of a double top a head and shoulder is developing on lower time frames
double top formation? if it really is close of today,s candle ll be crucial!
retest done ll it head lower?
broke out of a channel rest expected before down trend continues..