#CRUDEOIL #OIL Ascending Triangle could resolve upwards
Updated
MCX Crudeoil has been moving sideways but creating higher lows - this is an ascending triangle pattern that should now give a 1:2 Risk Reward ration - not the best R:R , but a good pattern to trade
Look for price to rally upclose to 3000 if it stays above 2900
Look for price to rally upclose to 3000 if it stays above 2900
Order cancelled
Did not close or sustain above 2900 - highest close was 2898. Trade cancelled
Michael @ SolomonsView
Twitter - @SolomonsView
Twitter - @SolomonsView
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