ThinkingAntsOk

We have a Breakout on Crude Oil

NYMEX:CL1!   輕原油期貨
Main items we can see on the chart:

a) The price has been ranging on compression for a long time

b) After that we observed a corrective structure being formed above that compression

c) Last week we were waiting for a breakout of the corrective structure to confirm a new bullish movement

d) Now we have the breakout and we expect a continuation of the bullish movement towards the next resistance zone

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