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WTI Trying to Renew Bullish Momentum

posted by Avatar FXTimes 412 days ago in Technical, Daily, Oil made popular 412 days ago

The daily WTI Crude Oil chart shows a market that has been trading within a rising support trendline and a declining resistance trendline. Some would call this a triangle. The thing to note here is that coming into this congestion, the market was bullish. The daily RSI reading has kissed 70, failed to break below 40 and tag 70 again...
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