RuckSack

Tightening Range on Oil

OANDA:WTICOUSD   West Texas Oil
Watching WTI this morning as we continue to see it tighten between the recent downtrend line and the high line from the daily down channel from a few weeks ago.

The high line was respected from Oct 5th -7th, even though we haven't had a precise close on the 30min TF, price has rejected from that area so I think this is safe to view as a descending wedge.
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