USOIL(WTI)-USD✦ LONG TRADE SETUP✦POSSIBLE REVERSAL✦ ONE HOUR
USOIL was moving in a Bearish Direction however there is a possibility of the reversal of the trend. This can be evident with the formation of Falling Wedge Reversal Pattern as well as presence of the Bullish Divergence in the chart at one hour time frame. Therefore, to grab a trading opportunity, Long Trade setup is presented in this analysis with the projected price given as dashed line in the chart.
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