Crude Oil at Critical Level

WTI Crude Oil is currently at a critical support level. The red line signifies the broadening formation that Crude is moving in. If we see a proper bounce here, the volatility in the markets as a whole will cool off too, because oil heavily influences the industrial and financials sectors.
Broadening WedgeCFDChart PatternsCommoditiesfinancialsFundamental AnalysisindustrialsOilTrend AnalysisCrude Oil WTI

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