OIL is still in BULLISH TREND but apparently the price is hold now, and I consider that as a strong resistance. I look for the swing before I take SELL if you want to counter trend. But if you are a follow the trend type of trader, wait until it retrace and test the SUPPORT AREA. I look maybe it will make a sideways move or triangle pattern. But now, if you look, the price is make a DOUBLE TOP pattern. Is it will happen???
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