alansdu

UK oil in triangle

FX:UKOIL   Crude Oil (Brent)
UK oil             is inside a symmetry triangle now. Pay attention to which side will be broken. Based on triangle pattern target prediction, it will move the same distance with bottom triangle line which means there will be 5.8 dollar moving up or down after braking.

My suggestion is open position based on the break direction with sl inside the triangle.

Enjoy the trading!
Target achieved. I closed my short.
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