oil recently broke down from a rising wedge, i find this extremely bearish
HK-Capital-Management
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@agruener,
You are absolutely right! I see this, but I think that crudeoil is still in an intact uptrend. WTI is one of the most volatile markets with nerve straining overshootings.
Maybe you are right - we will see...
HK-Capital-Management
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@tradingguideonline,
Besides that, a movement up is likely now. Then we have to decide, if there's an uptrend or only a correction pattern structure.