Oil - Crude (WTI)

CRUDE OIL - Break out of Descending Triangle is probable

Updated

Price is oscillating with in descending triangle. A bullish break out seems to be highly probable to test the upper bound of the parallel long term price channel.

Note

Crude oil price has broken through the triangular pattern and seems to be on course to strike the upper bound of descending parallel price channel.

Note

Target is about to reach

Note

Target closed as price is about to kiss the upper bound of price channel.

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