Crude Oil Futures (Jul 2020)

Short

Crude Oil CLN2020 Retrace Prediction

Updated

Strong upper resistance leading to retrace down to $27-$29 area.

Note

Bear Flag forming on 4H chart as well.
SL @ 34.21

Note

Continuation downwards with TP of 27.88

Be mindful of 31.35 which is a very strong resistance point.

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