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Oil Sets Up For Action

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Nov 4, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Oil is consolidating in a very large pennant shape that is getting close to the critical point. Resistance has been found along the top of the shape and a short term bearish leg is likely. In the longer term, a large breakout is inevitable. The last 24 hours have seen[​IMG]

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