penant formation with anticipated break on the downside will push crude prices to 50% fib retracement ...inventory report might bring whipsaw movements so be careful with ur stoplosses
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1st target 44.5
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surplus production cut in crude oil than expected cut ,leading to a big jump in price action...
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crude oil resuming downtrend ...
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safe target to close short position 44.6
Trade stängt manuellt:
trade close at 44.7 ...cautious exit with good profit