BULLISH ON CRUDE OIL.
Updated
Been holding this chart since 9th July.
Bullish till $44/$45 and then we may see the continuation of the Elliot wave pattern (ABC)
Why $44? Because that’s where the 50MA hangs on the weekly chart.
Or we could just continue to go up, whatever the case I will follow what the chart is telling me.
Only looking for buying opportunities in this market since we are still clearly in a uptrend. I wouldn’t get bearish until we close below $41 on the daily chart.
CrudeSignals.
Bullish till $44/$45 and then we may see the continuation of the Elliot wave pattern (ABC)
Why $44? Because that’s where the 50MA hangs on the weekly chart.
Or we could just continue to go up, whatever the case I will follow what the chart is telling me.
Only looking for buying opportunities in this market since we are still clearly in a uptrend. I wouldn’t get bearish until we close below $41 on the daily chart.
CrudeSignals.
Trade closed: target reached
HIT TARGET
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