TradingView
MysteriousPersian
Apr 8, 2019 4:10 PM

Oil reaching new highs, going parabolic Short

Crude Oil (WTI)FXCM

Description

As stated in the title, Oil is starting to go parabolic as it breaks out of the rising wedge with insane trading volume. Quickly approached its previous support now likely turned resistance after the breakdown of the triple topped that marked the start of the bear market for oil in 2018. Looking for a short but need a confirmation of the top before entering as this could easily squeeze higher
More