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CRUDE OIL (WTI) Key Resistance Ahead! Your Plan to Short đŸ›ąïž

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CFDs pĂ„ WTI rĂ„olja (TVC:USOIL)  
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TVC:USOIL   CFDs pĂ„ WTI rĂ„olja
Wedge Support and Resistance Supply and Demand futures Oil WTI brent
27
11
wedgepattern supportandresistance supplyanddemand futures oil wti brent
snapshot

Crude oil is very close to a year's high.
66.3 - 68.0 is a strong supply area.
Chances will be high to see a pullback from that structure.

To short it wisely, wait for a bearish breakout of a rising wedge pattern.
It will be a perfect confirmation.

Goal will be 62.3 (closest strong support)

In case of a bullish breakout of the underlined structure,
the market will go to the next historical highs.

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