theTrendtradr

WTI Crude Oil: Failing After Hitting Resistance

Short
FX:USOIL   CFDs on Crude Oil (WTI)
As previously mentioned, Crude Oil has been in a nice uptrend, but has been trading inside that resistance Zone for a long time. Towards the end of this trading week it is failing after trading out of this Zone to the upside. Now Prices are further down again, implying weaker Prices in the coming weeks in Crude Oil.

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