Once again last weekend we wrote in our Araujo Report that if the daily supply zone on #OIL held then we'd see a drop in price to the 38's.
At the time #OIL was at 40.09 and we could confirm that the daily supply zone would hold when the institutions shifted momentum downwards on one timeframe lower, the H4! Price dropped to the 38's and even further to the 37's.
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