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TFC Commodity Trading Forum

Dec Crude/ Another Bearish Chart Pattern *PIC*

Dec Crude has formed another bearish Rising Wedge. These patterns sneak up on traders and while rising are one of the few rising patterns that are bearish. This is the 2nd Rising Wedge in a row. Price is not only at the top line of the Wedge but at major price resistance at the big round number of $100.