omidmoradi
Long

usoil buy signal

FX:USOIL   Crude Oil (WTI)
55 5 4
Your chart is nice and clear. It looks more like a descending triangle than a Flag to me, I think I will wait for the break out. I am a buy at 44.50 and a sell at 43.50.
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No, it is a flag.
Previous bullish trend.
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bizcad omidmoradi
Thank you for the lesson and correction.
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Thank you
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Agree with you bizcad it is not a flag, here is what a flag look like http://thepatternsite.com/flags.html
It is more like a descending triangle like you said http://thepatternsite.com/dt.html
Breakout downward 64% of the time
If this is possible then We should look towards 38$ area
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