Crude - 2H - Breakout

FX:USOIL   CFDs on Crude Oil (WTI)
445 7
Potential longs in Crude since we finally broke the upper trendline with a big momentum candle. currently consolidating so be patient and let the market rest abit before buyin the further breakout to the upside
Thank You.
your welcome
nice explanation for me that I'm fresh in the market, thank you.
kosai19 roitman79
You should be warned that about 40% or more of the time the market has a "final" sell-off before reversing after these kinds of breakouts. If you study charts of breakouts you'll see that pattern.
yeah, you either have to have wide stops and which requires the market to then move up alot afterwards to give you good profits or you have to wait for a little, and wait some sort of breakout confirmation after a smaller breakout of a consolidation zone.
Thank you for the chart... looks like a great opportunity
yeah i think so too.
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