TradeTechAdvisors
Short

Crudeoil : Channel breakout

TVC:USOIL   CFDs on WTI Crude Oil
Crudeoil has come out of upward moving channel on lower side. Target of breakout is $56. It has also formed triangle after breakout which is a continuation pattern. It is expected to fall on break of $ 60.50 for target of 56.50 and stop loss of $ 62 .