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WTI OIL Neutral sentiment. Trade the break-out.

CFDs on Crude Oil (WTI) (FX:USOIL)  
TradingShot  
FX:USOIL   CFDs on Crude Oil (WTI)
Trend Analysis Harmonic Patterns Chart Patterns Crude Oil WTI wtioil signals oilsignals Oil wtisignals usoilsignals Commodities Energy Commodities
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trendanalysis harmonicpatterns chartpattern usoil wtioil signals oilsignals oil wtisignals usoilsignals commodities energy
Pattern: 1W Descending Triangle .

Signal: Bullish within the 1D Channel Up. Neutral outside so trade the break out: (A) Bullish above the 58.80 Symmetrical Resistance, (B) Bearish below the 54.80 1D Support.

Target: Within the 1D Channel Up it is always the 58.80 Resistance. Outside is (A) = 61.00, (B) = 51.50.

See how accurate the 1W Descending Triangle has been on my last Support Buy:

WTI OIL Buy Signal

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