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20/11/12 10:10(CET)_Crude Oil_SHORT

Crude Oil Short. Expectations of today’s oil stock statistics push the price down. Due to the probable increase in strategic stocks and reduced consumption, it is turning traders to bearish mood. The “Hanging man” formation is created on Candlestick charts. Which statistically foreshadows the end of the trend and reversal of the mood of traders.

Graph and table source: WebTrader

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