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Crude Oil

Petroleum is behaving similarly to previous situations, just look at our previous analyzes. We are currently in a situation where the trading volume is decreasing in proportion to the price increase. So we can expect a correction. The place marked with the line is lower than the support that should be taken into account in the first place. On the H4 interval, we can see that the first stop is already in the dollar for the difference in the price of the stock. In the absence of a reflection signal, the stronger level will be the place shown in the picture H1.

H1
H4

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