emiltw
Long

AB=CD pattern on WTI Crude Oil

FX:USOIL   Crude Oil (WTI)
60 0 1
AB=CD Pattern formed, expected price will have a rejection at the range of 40 to 41.
We will wait for a breakout/ reversal signal and aim for target 43.40 and 45.60.
Comment: Target Profit 1 hit!
But after that a hanging man formed, following with a 3 dark cloud cover,
If the price able to move back to resistance area and breakout,
the but signals still exists.
Trade closed: stop reached
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