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Crude oil - possible long entry soon
Light Crude Oil Futures
Crude oil - possible long entry soon
By ozwald
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Aug 27, 2022
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Aug 27, 2022
Looks like the correction is done, albeit a bit shallow on the C. It makes sense that it found support around 91$ though.
Close above TL would be a long signal to me with a stop below 91. First target 100$ - about 2R.
Chart Patterns
Trend Analysis
Wave Analysis
ozwald
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