UnknownUnicorn58434

Oil (Crude) Bat Pattern + Potential Triangle's Break-out

Long
FX:UKOIL   CFDs on Crude Oil (Brent)
0
Daily Chart

Anticipating the Triangle's Break-out on the weekly chart with a perferct Bat Pattern on the daily chart,

if prices reach the 0.886 Fibonacci ratio.

Target is the historical High who match perfectly with the triangle's target.

Stop-loss is placed underneath the precedent low (who will invalidate the Bat pattern).

Massive Risk/Reward (25!!)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.