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Light Crude Oil Futures
Long

Looking for a bounce in Crude Oil

By FibLines
Monster sell off in crude #oil, but we are coming into support at 59.50-60.00: horizontal, rising channel support & backtest of falling trend from Oct '18. RSI on 1 hr oversold & RSI on Daily hit rising trend. Not a bad area to look for a bounce w/ tight stop ~59. WTI USO CL
Chart PatternsCrude Oil Futures WTI (CL1!)OilTrend AnalysisUSOCrude Oil WTIWTI
FibLines

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