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Breach of support could mean a start of a bearish trend on Light Sweet Crude Oil FEBRUARY 2021

Light Sweet Crude Oil FEBRUARY 2021 has broken through a support line of a Rising Wedge chart pattern. If this breakout holds true, we expect the price of Light Sweet Crude Oil FEBRUARY 2021 to test 50.8925 within the next 19 hours. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.

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