Bandarsq

Oil looks Promising

Long
Bandarsq Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
USOIL formed am Ascending Triangle that targets 65. Buy on breakout or the pullback.

Cheers!
Comment:
Nice breakout with a gap.
Comment:
For more confirmation, I would wait for another daily close above breakout level.
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Comment:
In the last chart, I included a possible Rising Wedge might form as done for wave A. I's not an Ending Diagonal.

It's never been a free market and will never be.
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