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Crude OIL Could Face A Temporary Correction

Discussion in 'Technical Analysis' started by Kaitlin, Oct 6, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Crude oil traded up to $50 per barrel which was our technical as well as psychological target for the last few days. Important round figures will also try to act as reversal zone, so we think that deeper a-b-c retracement can show up, ideally back to swing lows of a[​IMG]

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