OIL (WTI) Daily 200 Ema trend test
Interesting to see, Oil IS approaching 200DMA again, and every time oil hits 200 ema line, it tries to pierce the trend line and goes above $2-3 higher trying to break it, however it gets rejected to continue the down trend, Now that we are approaching 200DMA again, I won't be surprised to expect the same. This the fourth time 200 DMA gets tested this quarter, what are your thoughts?
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