FX:UKOIL   CFDs on Crude Oil (Brent)
3
According to the banks, Oil prices wont break above $60 for at least two years some analysts say,
As we can see price hasn't been able to break through $60, therefore i can only see price going into a range for a long time.

Looking at previous structure, i feel price will move down to $54. That being said Buy low, Sell high

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