proping7511
Short

usoil maybe move a triangle squeeze ABCDE WAVE

FX:USOIL   Crude Oil (WTI)
139 2 2
usoil             maybe move a triangle squeeze ABCDE WAVE 4
now is forming a E wave
we can short usoil             around 0.618 retracement @49.17
based on price action plus pink down trend resistance
aim to bullish bat pattern complete around the red zone .
then to long oil             couple with wave 5
Yes, it looks like a bull flag is forming.
snapshot
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yes i agree with you ,i also think usoil will make a higher high
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