Kishore

USOIL INSIDE THE WEDGE SUPPORT, WAIT FOR A BREAKOUT!

Long
TVC:USOIL   CFDs on WTI Crude Oil
MARKET ANALYSIS; As we can see from the charts, The market is now trading inside a Falling Wedge Pattern. After the successful completion of the Elliott wave structure, It has formed a wedge pattern. Now it is better for us wait for the market to break the wedge resistance, Then we can go for a buy and have a target's to the next supply zone. So lets wait and see what the market does in the coming weeks. Cheers!

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