TradingSutra

Crude Oil - Rocket or Crash Landing ?

Short
TradingSutra Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Formation a bear triangular wave structure which can extend the selling mode to a new low of 17$. On the contrary pattern failure will lead the prices to the level of 22$. Act according to the breakout of the triangular formation.
Trade active
Comment:
very nice breakout !! partial profit must be done near 18$
Trade closed: target reached

Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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