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25 Jun 2020 ‚óŹ 06:19 AM

Oil is pulling back in wave 2 in the structure now looks like an expanded flat in progress because wave b made a higher high above the point where wave 1 ended. Logically wave c will fall below the low made in wave a and be 161.8% of wave a it points towards 32.40. There will also be support near 34.20 at the 40 DEMA and lower Bollinger band.

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