hi all.,
Crude oil is at HL in Weekly timeframe, at Daily timeframe a triangle pattern is formed and breakout is also done. The weekly timeframe swing target/Daily timeframe triangle target both are 141.34, and the SL is 92.27.
at Daily timeframe marked the daily Support and resistance zone and also the possible projection with the coloured arrow marks, till the target 141.34 keep adding long positions at every dip.
Time to hit the target would be roughly 1 month based on the current market structure.
Target : 141.34
SL : 92.27
Crude oil is at HL in Weekly timeframe, at Daily timeframe a triangle pattern is formed and breakout is also done. The weekly timeframe swing target/Daily timeframe triangle target both are 141.34, and the SL is 92.27.
at Daily timeframe marked the daily Support and resistance zone and also the possible projection with the coloured arrow marks, till the target 141.34 keep adding long positions at every dip.
Time to hit the target would be roughly 1 month based on the current market structure.
Target : 141.34
SL : 92.27