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Tuesday, August 03, 2021

Oil in parallel channel

Oil in parallel channel

An ascending parallel channel with a smaller descending trend line connecting the previous highs, forming a resistance line to continue the bullish trend . There is a chance that we will descend again in the zone around $ 68.00 due to the increase in new cases of Coronavirus and announcements for new lockdown around the world.



from TradingView Ideas https://ift.tt/3A6VaX7
via gqrds

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