CLUBBESIGNAL

Bearish possibilities with OILUSD

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EASYMARKETS:OILUSD   WTI Crude (OIL) / US Dollar
In the picture above, we can see the price was moving within an ascending channel before breaking out the structure. Currently price is in a correction phase, often times price continues the move it made before the correction and in this case its a bearish one. To be safe i plan on taking shorts below the support zone price created.

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