Yuriy_Bishko
Long

USOIL exit from the Triangle...

TVC:USOIL   CFDs on WTI Crude Oil
As you see on different timeframe charts are similar triangles.
Only the last 12H chart shows to us an exit from the Triangle.
Basides that we have an accumulation below 57.00.
The best place for Buy entry is after pullback to 57.00.

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Hello my friend
Why did oil drop?
Is it going up again?
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Yuriy_Bishko rima118118
@rima118118, if i see any new confirmations for going up or down i'll make updates
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Good job! COMPLETELY AGREE! I have updated my chart showing a pull back to the 57 zone before a continuation upwards!


Forecast:
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@apdodog, good chart!
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@apdodog, thank you fot shearing
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@apdodog, i'll follow you
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WtiOil Spot Price 56.22 – Resistance Level 60.78 – Commencing week 08 September 2019 Present High 60.78 looks like and should providing the resistance level to the Oil Rate - Still waiting at Downtrend Phase for next targets lower which is at 70% percent bar low on the monthly chart cycle lower – For Next test at Support Level –

We look at 40.46 as near term support level before or towards an increase at a high price phase. So stay tuned in to this frequency regarding current market updates.
Wishing you all Happy Pips - The system Incorporated Strategy is centered on the use of Fibonacci Metric Gauge lengths against the monthly chart cycle at swing high or swing low trend phases.
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Yuriy_Bishko forexcandles
@forexcandles, thank you for shearing your obseving
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Yuriy_Bishko forexcandles
@forexcandles, i like it!
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Should also mention $60 is potential short term (12H) exit point, and entry point if breakthrough (1D).
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