CFDs on WTI Crude Oil
Short

OIL: The Chances To Drop Are Growing Further

527
OIL: The Chances To Drop Are Growing Further

OIL has days in this zone. Overall it's developing as I explained earlier.
The price increased a bit more than expected but again it's in a strong structure zone and is holding strong.

I think that OIL has to create a better pattern, but overall it looks poised to drop further from this zone with targets 60 and 56

You may find more details in the chart!
Thank you and Good Luck!

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