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WTI Spot Update


At the time of writing the pair is trading at 37.33                                (10/29/2020 8:50 AM)

Our Proprietary Composite Strength Meter suggests      100% selling.

Range trading stop loss has been triggered. The latest scenario clearly suggests selling the pair around resistance levels with profit booking targets of support levels.

The major resistance levels are = 38.50, 40

The major support levels are = 35.75, 34.50

Trend changing point: High of 4H Candle closing above 42.75

 


 

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