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zorrays
Mar 21, 2019 9:03 AM

US OIL - SHORT - ASCENDING WEDGE Short

West Texas OilOANDA

Description

PRICE CURRENTLY IN IT'S CORRECTION STAGE AFTER THAT HUGE BEARISH IMPULSE.

WAITING FOR PRICE TO BREAKOUT OF THE WEDGE.

WARNING: PRICE CAN GO ABOVE THE UPPER BOUND OF THE WEDGE AND CREATE ANOTHER PATTERN BUT THE SUPPORT LINE OF THE PATTERN WILL STILL REMAIN VALID.

TARGETS BASED ON FIBONACCI CLUSTERS

Comment

Comment



The huge wedge broke and impulsed out and now corrected on smaller timeframe, price created a symmetrical triangle to continue downtrend

Order cancelled

I HAVE POSTED A NEW FRESH UPDATED CHART - PLEASE DISREGARD THIS
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