goodguy
Long

Crude oil seems to be braking out of triangle consolidation.

FX:USOIL   Crude Oil (WTI)
41 0 1
Point .e of the triangle went a little lower than I expected but stayed >.c to complete I believe a 5 wave triangle as can occur as a "b" wave correction. Iffffff the c wave = the a wave then price would move to about the top of the target box. IF c would equal .62 x a then it would go to the lower end of the box. Stop if <.e (56.81). Notice the short term RSI is overbought so we may get a pullback to allow a better entry point if not already long. Take care. Goodguy.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out