| Trade Idea Crude Oil (Sep 12) intraday: further advance. |
Pivot: 87.75
Our Preference: LONG positions above 87.75 with 89.8 & 90.9 as next targets. Alternative scenario: The downside penetration of 87.75 will call for 86.75 & 85.7. coment: the price has cleared a declining trend line. A recovery seems more likely. |
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Disclaimer The analysis we provide is based on the average estimate of price movements in one day. Does not guarantee what we deliver is actually a proper and correct. Everything that happens in the decisions you make on your trading transaction is to be Your responsibilities. CONNECTED
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