Crude Oil potential Long from $41.30

TVC:USOIL   CFDs on WTI Crude Oil
66 1 2
My fundamental/macro view would see BoJ follow ECB into a tighter monetary policy . If that is the case come Friday 21st irrespective of a rate hike USD should sell off repeating the rate hike in December 2015.

With that expectations the crude oil             chart looks as follows to me. Price is compressed inside a symmetrical triangle. There is a bullish gartley on the 4h chart with a target $41.30. That moves quickly into the C-D leg of the bearish butterfly targeting $61. A breakout of the triangle would also reinforce that target!
My full view is here;
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out