Crude Oil Futures (Aug 2023)
Short
Updated

CL - Short

Price on the 4H chart is near supply inside a rising symmetrical triangle pattern. I expect price to head lower from these levels.
Note
Price closed above an area of supply which may be an indication of higher prices. If the trend will continue lower $73 would be the next logical locaton
Note
Price reached intended target
Trade closed: target reached

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