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Oil Forecast
CFDs on WTI Crude Oil
Short
Oil Forecast
By VladimirRibakov
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Updated
Sep 11, 2020
1
7
Cheer
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4
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Aug 27, 2020
D1 - Price has reached a strong resistance zone formed by the psychological level 45 and 200 moving averages. Bearish divergence.
Until the strong resistance zone holds we may expect corrections to happen here.
Sep 11, 2020
Comment
The price moved lower exactly as I expected it to and provided an excellent move to the downside!
Bearish Patterns
bearishdivergence
correction
forecast
Oil
psychologicalroundnumber
SELL
Support and Resistance
Trend Analysis
VladimirRibakov
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