US Oil 3H descending triangle play

Crude Oil (WTI)FXCM

Description

⋅ Jul 21, 2016 11:19 AM

Looks like a descending triangle is in play. And it may break down near the end.

⋅ Jul 21, 2016 3:30 PM

This idea is supported by the larger timeframe (1W In this case) where you can see a nice increase, that has barely retraced yet.

Comments

LongBreak

⋅ Jul 21, 2016 4:10 PM

good one !