moorekapital
Short

CRUDE OIL(WTI) NEXT MOVE......

FX:USOIL   CFDs on Crude Oil (WTI)
78 0 3
1. MTR             Setup to the left, worked out.
2. Price currently under major outer TL
3. Price is however caught up in a trading range = Flat-bottomed descending triangle= bars forming lower highs
4. Measure Move(MM) target takes price to 53ish upon Southern BO. This level Coincides with a prior Resistance
5. Should price bounce from this green line, we are likely to have a MM move target that takes price into the 73ish
6. Should the green floor break convincingly, price heads back down into the 43ish.

THIS IS PURELY TECHNICAL!

until Then........
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