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WTI Crude Oil: Beginning Of A Downward Trend

Published 2017-08-08, 10:37 p/m


WTI crude oil futures price seems to be on a downward voyage after repeated attempts to breakout the upper sloping trend line. On analysis of the movement of WTI crude oil futures price, I find a beginning of another downward trend which may bring the price below the levels of $44.

Have a Nice Trading Time.

WTI Crude Oil Daily Chart

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