CFDs on WTI Crude Oil
Long
Updated

OIL high R/R Long opportunity

Its clear to see the descending triangle pattern. i believe we can get one more move in the triangle before we get a possible break out to the downside. I believe you can get a nice 4/1 Trade here.
Note
Due to OPEC agreeing to reduce production price has broken the trendline nullifying the setup

Disclaimer