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mngFX

USOIL, Correction After Breakout. Buy Opportunity

Long
CFDs on WTI Crude Oil (TVC:USOIL)  
mngFX  
TVC:USOIL   CFDs on WTI Crude Oil
Multiple Time Frame Analysis Parallel Channel Chart Patterns Crude Oil WTI usoilshort Oil CAD
7
0
mtfa parallelchannel chartpattern usoil usoilshort oil cad
Hello Traders,

USOIL price action is setting up to see a move upwards. Looking the HTF price broke out of a strong reversal Descending Channel. Looking on the LTF we can see that price kept on making higher lows and higher highs then impulsively broke out of the channel.

Looking for buy opportunities as soon as this correction after breakout (CAB) is completed.

Trade Safe
Thanks

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