cfetrader

Decision time for crude oil

FX:USOIL   原油差价合约(WTI)
3
Crude oil prices are close to a consolidation resolution. Although the descending triangular pattern favors a final decline to complete wave 2, the close proximity to the triangle's upper resistance line might tempt traders to drive prices towards the wave 3 target destination range of 52 to 56.
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