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Crude Oil Short Consolidation
CFDs on WTI Crude Oil
Short
Crude Oil Short Consolidation
By ManipulatedAnalyst
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Aug 26, 2022
1
Crude oil may have seen some resistance at 95, therefore entering a consolidation in the range of 87 to 95, where 87 might be good support.
Breaking 87 might not be possible as it has lost its momentum in the current downswing. Therefore, it is expected that crude might jump from 87.
Trend Analysis
ManipulatedAnalyst
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