Forex Price Action - Oil Pin Bar Rejection off Channel Top | Dec. 3rd

pin bar trading price action dec 3rd

Crude Oil
Slowly trying to build a medium term based, the commodity formed a pin bar rejection off the key $90.00 level, and channel top as well.  If the channel holds, then we should see it fall towards $86.00 and the channel bottom.  But if it breaks above the big figure, look for a breakout pullback setup which will likely challenge $93.

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