Triangle On Crude Oil Approaching Its End; Resistance At 53

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Hello traders,
Crude oil is trading sideways which usually means a correction, so we are tracking a bearish triangle pattern which can be approaching the end once it completes the final leg E that can stop around 61,8% – 78,6% Fibo. retracement and 53 region. That said, watch out for more weakness on crude oil while it keeps trading below 54.20 level.
Crude oil, 1h

Triangle On Crude Oil Approaching Its End; Resistance At 53

crude oil, intra

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