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Crude Oil Crushes Lower as Expected from Divergences

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Crude Oil gives us a textbook example of a reversal pattern – with negative divergences – into resistance. If you missed trading this move, that’s fine as this pattern will repeat in various markets – including yours. Here’s the pattern and combination of reversal factors for your educational benefit: First, the $53/$54 price level in Crude Oil was a key focal… Read entire story.

Source: Afraid to Trade.com Blog

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