Crude Oil Falling Wedge Reversal Pattern
Target on my previous idea reached successfully. If you were following me, then you would have taken half of your profit on target #1 and now take the other half. There is further possible downside to $38 and even lower in oil.
However Oil is creating a falling wedge and lower volumes are signaling a textbook reversal.
Wait for breakout to execute this trade.
However Oil is creating a falling wedge and lower volumes are signaling a textbook reversal.
Wait for breakout to execute this trade.
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