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WTI - OIL : 25/10/2017 Technical Analysis Report

25th October 2017 CFX Admin

Our Preference: Sell below 52.60 for the target of 51.60 levels

Alternative Scenario: Nill

Technical Commentary: In 4 Hour Chart :- WTI – OIL  was trading in the strong key resistance of the triangle pattern, now it was trading near upper trend line of the triangle pattern, if we got closing below the upper trend line means we will except upto next key support level so we can sell below the key resistance level and except upto next key support level :- which we have shown in attached image.    

 


In 4 Hour Chart :- WTI – OIL was trading in the strong key resistance of the triangle pattern, now it was trading near upper trend line of the triangle pattern, if we got closing below the upper trend line means we will except upto next key support level so we can sell below the key resistance level and except upto next key support level :- which we have shown in attached image.



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