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CFDs on Crude Oil (WTI)
Short

CRUDE OIL (WTI) IN DESCENDING TRIANGLE!

By VasilyTrader
Updated
snapshot

morning guys,

pay attention to crude today:
the price is contracting in a descending triangle formation.

though this formation can be broken to both sides I will be focused only on the bearish violation.

if bears manage to break and close below it, the chances will be high that we will see a bearish continuation to 21.2 - next support
and then to current market low 20.2

good luck!
Trade closed: target reached
T1 hit
Chart PatternsCrude Oil Futures WTI (CL1!)Crude OilfuturesOilTechnical AnalysistradingTrend AnalysisCrude Oil BrentCrude Oil WTIWave AnalysisWTI
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