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anses07

Commodity Pick for Position Traders: $OIL

Long
CFDs on WTI Crude Oil (TVC:USOIL)  
anses07 Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Chart Patterns Technical Indicators
2
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trendanalysis chartpattern indicator
$OIL is now forming a falling wedge pattern while showing a bullish rsi divergence. Support area is at 49-50 levels. Conservative entry is on breakout from its falling wedge pattern.

snapshot
Comment:
Wow $OIL just broke out from its pattern.
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