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OIL: Waiting For The Price Break Out

West Texas Intermediate Crude Oil Futures (Continuous futures contract) (BLACKBULL:USOIL.F)  
KlejdiCuni  
BLACKBULL:USOIL.F   West Texas Intermediate Crude Oil Futures (Continuous futures contract)
Trend Analysis Chart Patterns Wave Analysis
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trendanalysis chartpattern waveanalysis
OIL: Waiting For The Price Break Out

During the last couple of days, the price developed a contracting triangle.

The chances are that it can breakout in both directions as I explained.

I think that the chances are higher that OIL can move down further again.

You may find more details in the video.

Thank you and Good Luck!

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