Kareem_Asllam
Long

upside trend for Oil - Please Discuss

FX:USOIL   CFDs on Crude Oil (WTI)
this is my analysis for Crude Oil             Please Discuss.
andberg andberg
many traders would love to see the price going up but it needs to make a solid support first and to my point of view it may takes one month or less to make it anywere to bottom trending line or pitchfork parallel making a kind or symetric triangle with another pitchfork parallel making a focus point called apex on chart. If the price goes up now, there is another resitance coming. Except pitch fork support on the chart, all other formation or trending lines are bearish for now to my point of view but I can be wrong.
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