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Crude Oil Price Action Analysis

Crude-Oil has been trading in a strong uptrend for last few months making multiple higher lows & currently price is testing a key support of prior higher low level of 3270 which is also a CHANGE OF TREND level.We’re looking for buy opportunity on this level here to join the overall bullish strength.

crudeoil on 7.6.2016

SUMMARY : READ price momentum context – RECOGNIZE the pattern going on – TRADE the pattern till it ends and to learn it all join me in my ADVANCE TRADING COURSE & trade with me real-time using higher & lower timeframe charts.

PLS NOTE : All chart analysis posted above are the author’s own idea of trading for educational purpose only &  not any form of advice or recommendations or opinion to anyone

June 7, 2016

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