Oil momentum decreasing

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Massive rally since May
+50% YTD
Seems to be running out of momentum. Considering to close longs on oil
Ghi chú
ảnh chụp nhanh
Did we form a lower high?
Let's see how the price action goes from here.
Ghi chú
first support region reached.
Instability in the middle east, notable Afghanistan.Oil price expected to become more volatile if it doesn't de escalate.
Taking partial profits here at 62.39
Support and Resistance

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