goodguy
Long

Crude Oil 2hour LOG Final stages of contracting triangle?

FX:USOIL   CFDs on Crude Oil (WTI)
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Well so far so good. .d stayed <.b and price is now <a. Often in contracting triangles there is a fib relationship between the waves. One common one is that the e wave is a fib relationship to the c wave, such as in this case .e may end up at .618 x .c. We will know soon. If price goes below .a then this concept is wrong, ie I will be wrong.Hope not. I hate being wrong. Hope this is helpful.

3x long ETF is UWTI

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