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Crude Oil: Descending Triangle

USOIL, 1 hour    LONG Jul 20
As we can see a descending triangle is close to completion, USOIL requests a further move as an information of a breakout. A descending triangle describes a signal that often predicts a sharp rise once price breaks above resistance. USOIL to recover bullish potential to the 76 mark on a breach of 75.8 as the commodity nears 75.8 hurdle.
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