MoneyFlowTrader
Long

3hr buy signal and cup & handle

FX:USOIL   Crude Oil (WTI)
25 0 1
same fibs from 45min Time frame (confirm sell signal) now do you see the 3hr buy signal? you can see the lower downtrend $usoil has been in, you can also see the descending triangle that was formed. It now appears oil             is breaking out of that desc. triangle forming a large cup & handle . Sure the handle will be longer on the 3hr. But i will be buying and scaling into oil             very very soon. Expect a retrace back to $50+ oil             soon
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