Will CHINA'S Demand Cut Push Crude Further Down?

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Crude Looks Bearish
50.55 Level will be an important level for Crude Since it is 78.6% retracenent
from 5th February low till 20th February High

Once It breaks Further downside Can be seen

42.50 Is previous Swing Low which can act as a support

40.00 can act as a round figure psychological Support Completing the ABCD formation on the bearish Side


Do your Own analysis before trading or investment

Thanks :)
Nota
SL at breakeven
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