TVC:USOIL   CFDs on WTI Crude Oil
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The left move is starting from demand, sees 3 compression moves and supply eaten - price moves up. Mind the curve. Price gets rejected and moves into a bearish channel . Channel is broken on demand and we see a similar move that ends in a rejection, price moves accordingly (this would have possibly been short), then moves up and gets demanded again(perfect short). The move is forming a big fuck you (kangaroo tail) and is going down to at least the pivot zone, but I can see it easily go to $54.

With future ending soon and ARAMCO possibly not able to artificially keep the price up, might drop like it's hot and go SNOOOOOOOOOOOP to the '50s.
Comment: Oil raning for now. Still believe next time it will break BLUE it will follow trajectory
Comment: *ranging
@alimannn, thanks for the reply. I should keep this idea in ind as well... often don't look at triangles, but maybe I should.
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