Medium term view - WTI Crude OIL, continuation (J7), NewYork : The major support is close.
Peaks and troughs overlap, they still define a bullish trend but it could also be an exhaustion. The next target is at $69.30. The invalidation level is below $50.71.Arguments :
- The major support is close.
- The RSI displays a bearish divergence.
- The moving average is...
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