Fxprotrader
Long

Crude Oil Bullish Gartley Completion, Pending Shark

FX:USOIL   CFDs on Crude Oil (WTI)
403 0 9
Looking at the chart in Crude Oil             we see a bullish gartley completion with price reaching 1.27 of AB wave much deeper than 0.786 of XA. Meanwhile in a lower timeframe there is a pending bullish shark which completes a little lower. I will personally wait for this smaller pattern to complete which has outstanding risk/reward ratio with stoploss being below X of the gartley .

Here is the bullish pending shark pattern:

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