Bullish Flag in development on WTI
USOIL
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Long in the 41.5 area. Inversion pattern and setup to be published soon on lower timeframes, once daily pattern is confirmed. If you think my analysis can be useful to your trading, please "like" my publication. Thanks for viewing.
USOIL
. Long in the 41.5 area. Inversion pattern and setup to be published soon on lower timeframes, once daily pattern is confirmed. If you think my analysis can be useful to your trading, please "like" my publication. Thanks for viewing.
Comment:
Potential bullish flag development. Updates will be posted.
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Comment:
After last week's Opec crude oil agreement, Oil broke corrective structure to the upside and is heading towards 52.27 in the mid-term. Let's see if we are able to find a long entry point with a decent R/R ratio.