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CFDs on Crude Oil (WTI)
Short

Oil is under pressure from bears

By inv_market09
Updated
Hi, According to my analysis of the oil market, it seems to be in a very negative state. We notice that the market is in a downtrend with a descending channel forming as shown in the analysis. The price also rebounded from the demand block area at the 76 level, indicating further decline in the coming days. Good luck to everyone.
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Good profit
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Chart PatternsHarmonic PatternsOiloilanalysisoilforecastoilfuturesoillongoilpriceoilshortoilsignalsoiltradingTrend Analysis
inv_market09

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