DavoodWadi
Long

Reversal at the low of the range in Crude Oil

FX:USOIL   Crude Oil (WTI)
254 4 5
I hope the chart is clear.

It's a pretty simple setup that has the combination of ratios, trend lines and a pretty decent measured move (balancing both time and price with a 1 on 1 ratio).

The whole range looks like one of those famous continuation patterns.

Perfect, should hit 69 soon.
+1 Reply
IvanLabrie PRO IvanLabrie
2 years ago
Sorry, not USO...
Reply
DavoodWadi IvanLabrie
2 years ago
But a pretty holy number, isn't it? ;)
Thanks for checking my ideas Ivan.
+1 Reply
IvanLabrie PRO DavoodWadi
2 years ago
CL1! looks a lot like an AB=CD up, missing the CD leg atm.
+1 Reply
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