Light Crude Oil Futures
Short

Oil is shaping to a bearish wedge pattern.

Hi, I can see a wedge in the Oil 4H time frame. The entry level is between 74.20-74.8. You can set your stop loss at 75.1 and your target for this pattern should be at 71, 70.1 and 69. It's better to wait and watch for price consolidation at the entry point before entering the trade.

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