Crude Oil Targets $83.08 After Double Top

Crude oil prices are expected to decrease from the $86.00 range to a target of around $83.08. The trend was twice rejected at the upper level of $87.70, forming a double top pattern. This pattern is confirmed as the price broke the higher low of $84.50. Now, a retracement from the $86.00 level to the target level of $83.08 is expected.
Targeting : 83.08
Stop loss fixed : 87.70 (Above)

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Target Reached 🏁