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CFDs on Crude Oil (WTI)
Long

WTI bullish continuation and bearish trend violation

By VasilyTrader
Updated
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hey traders,

from October 2018 we considered the market to be in a bearish trend,
and now, as the market violated 54.2 level, we finally can declare a bearish trend violation.

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On the daily timeframe it is even more straight forward.
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so now we have a bullish bias and can buy a test of the broken structure.

58.0 is the next significant level.

good luck!
Note
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this is the zone where we are looking for entry
Technical IndicatorsSupply and DemandSupport and Resistance
VasilyTrader
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