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Oil Bearish sign
CFDs on WTI Crude Oil
Short
Oil Bearish sign
By SimpleMethode
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Aug 25, 2023
4
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1
If we continue with bearish pressure, we may have confirmation of a return to the 71 - 74 zone. Chart on H4. EMA 50 Cross down EMA 200.
We can also confirm that Bearish pressure is the break of support at 77. Daily chart.
Price cross down EMA 50 and 200.
Trend Analysis
SimpleMethode
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