Update for crude oil

Updated
description mainly in the chart.

I believe there is a breakout ahead, since bulls could not breakout of that triangle, I am sure the bears are waiting at prices around 48.40 down to 48.20 to take a good swing here. Even lower there will be orders waiting to be executed.

Always trade with care!

Good luck and more profits!
Note
Be careful at this level right now (46.50-47.50) this is a big resistance I just didnt mark in the chart. Keep an eye on your oil position the next few days, it could be we see a reversal again.
Note
BOOOYAAA!!!!

Profits were good, eh?!

Lets see where the price is moving next.
breakouttradingChart PatternsTriangleWedge

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