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Crude has approached a strong resistance zone over $60
Crude will remain in sideways market in wave ( B ) up of ( 5 ) down setting a stage before the final drop to a new lows under the Feb 2016 low.
Crude oil - a weekly chart updated on 3/21/2019
If we zoom-into 90 min chart we may see a 1000 MA (magenta line) coming down to the same area.
Crude Oil - 90 min chart updated on 21 March 2019
