OXT/USD, DESCENDING TRIANGLE, TOO RISKY
Updated
It seems to be forming harmonics inside this descending triangle but I would not really expect this leg up to play out as most descending triangles break to the downside. However if someone is in a position already or this thing breaks to the upside, the red would be my target.
I AM NOT A FINANCIAL ADVISER, DO YOU OWN RESEARCH!
I AM NOT A FINANCIAL ADVISER, DO YOU OWN RESEARCH!
Note
THE GREEN LINE could possibly be the downside, if it holds, would complete a deep crab formation
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