Yahia.Awes
Long

This hopeless black gold and the last hope.

FX:USOIL   Crude Oil (WTI)
1041 8 16
HUGE falling wedge is being made here, crossing the last downtrend channel at 36.70. Lower line of this falling wedge shows at the same time a megaphone pattern.

The SL is at the channel support in the chart visible below.
snapshot

If that channel breaks we will see price in the 20's. That would be a serious world disaster then...
Nice work mate, were you able to enter into this move?
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Yahia.Awes moneymaking
Nope missed my entry by 25 cents... Lol
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moneymaking Yahia.Awes
Would have been a perfect entry. Where you thinking to re-enter again?
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Yahia.Awes moneymaking
41-42, if that breaks then we have a bearflag and we will see lower.
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moneymaking Yahia.Awes
Great, thank you :)
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snapshot

Check this pattern
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F F
snapshot
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F F
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