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Crude Oil near "D" zone of AB=CD pattern.
CL1!, D
CL1!: Crude Oil near "D" zone of AB=CD pattern.
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NYMEX:CL1! CL Near "D" zone of AB=CD pattern. 161.8% Extension of Fibonacci is @ $ 55+. Watching price action closely for any short trade. Next resistance (If breaks this level) @ $58. First immediate target would be $ 50 (i.e "B" level), If price action says to short.

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