CFDs on WTI Crude Oil
Short

Oil Trend soon Big down

126
Oil* trading in an upward channel with recent price action moving down towards the buy zone around 70.00. There are resistance levels near 71.80 and 71.00, where price had previously faced rejection. The target for this setup is around 69.89, expecting a potential drop from the current price. Watch for a bounce from the buy zone and a possible move toward the target.

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