Wolf

[USOIL] And it finally broke!

FX:USOIL   CFDs on Crude Oil (WTI)
1
Long term support line touching 1998, 2001, 2009 and now a failed attempt to break the new 2015 test looks like it's going up:


As we can see, after bouncing the long term support line, it tested twice, forming a head and now breaking above this recent year horizontal wave pattern.

In the previous attempt of breaking (2009), it had a similar pattern of making a head and then breaking into another higher horizontal level and then breaking above going long:




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