MoneyFlowTrader
Long

Cups are forming on multiple time frames 45min view

FX:USOIL   Crude Oil (WTI)
95 0 3
My logic/strategy is based on finding the last confirm sell signal. Here on the 45min TF a clear b/o of the 50% fib line. Notice how support also bounced off the smaller Time frame Inverse Head & Shoulder. The smaller Time frame also formed a min cup. I did realize earlier in my trading career that cups can be formed off of descending triangle patterns. If I were to keep this same chart and forward to the 3hr pattern a clear buy signal is already been formed
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