CRUDE OIL Bearish Bias! Sell!
Hello,Traders!
CRUDE OIL is in the strong uptrend
And is going up almost without pullbacks
So I think the commodity is oversold
But there are no horizontal resistance levels nearby
So I use a confluence of the two rising resistance lines
As a potenital point from where we might see a bearish correction on oil
And I will be watching this price level with interest
Looking for the reversal clues
Sell!
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