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Aug 11, 2016 3:09 PM

BARR Formation Lead-in Attempt by OPEC Headlines 做多

Crude Oil (WTI)FXCM

描述



WTI is attempting a lead-in on a BARR formation. This counter move is currently being produced by OPEC headlines. We saw this type of headline manipulation and expect a counter move to the 43-45 ceiling. Ultimately, we are bearish after this countermove with a price target of 35 on s1 monthly pivot.
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