USOIL: Great Level To Watch For Longs

FX:USOIL   CFDs on Crude Oil (WTI)
Price is has broken above the slide parallel of the downslope median line and has already began a correction. If it drops at the broken level we may start watching for buy setups to complete with stoploss below previous low and potential tp the median line of the smaller upsloping median line set.

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still active?
I am still looking for a retracement
Great idea/chart, this is different look at it
Thanks for sharing
We don't know for the moment because it s a triangle. Lot of chance to be sideways before prices choose up or down...Cautious then
Not sure it will happen but looks interesting, tnx
Fxprotrader Pandorra
Nobody can be sure :) But i agree that's an interesting level to watch closely price action.. Thanks for your comment pandorra :)
Pandorra Fxprotrader
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