Shizaru
Short

Oil loves triangle part II

TVC:USOIL   WTI Crude Oil
194 2 7
Comment: if crude oil break triangle under point 5, new target is bottom line on the chart
Comment: perfect pattern. waiting for breakout consolidation before taking an entry
Comment: consolidation expected is coming, price is retracing @ 49.10. i'm waiting for OPEC mtg now
Comment: oh hay
Trade closed: target reached
well thats good. now it should be over.
Reply
Shizaru nbn007
@nbn007, yes, i'm expecting a retracement from here, but long term trend should be bullish :)
Reply
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