US OIL - SHORT - ASCENDING WEDGE
PRICE CURRENTLY IN IT'S CORRECTION STAGE AFTER THAT HUGE BEARISH IMPULSE.
WAITING FOR PRICE TO BREAKOUT OF THE WEDGE.
WARNING: PRICE CAN GO ABOVE THE UPPER BOUND OF THE WEDGE AND CREATE ANOTHER PATTERN BUT THE SUPPORT LINE OF THE PATTERN WILL STILL REMAIN VALID.
TARGETS BASED ON FIBONACCI CLUSTERS
WAITING FOR PRICE TO BREAKOUT OF THE WEDGE.
WARNING: PRICE CAN GO ABOVE THE UPPER BOUND OF THE WEDGE AND CREATE ANOTHER PATTERN BUT THE SUPPORT LINE OF THE PATTERN WILL STILL REMAIN VALID.
TARGETS BASED ON FIBONACCI CLUSTERS
Note
Note
The huge wedge broke and impulsed out and now corrected on smaller timeframe, price created a symmetrical triangle to continue downtrend
Order cancelled
I HAVE POSTED A NEW FRESH UPDATED CHART - PLEASE DISREGARD THIS
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.