Trading_Off_The_Charts

could set up potential desc. triangle breakout $uwt $dwt

TVC:USOIL   CFDs on WTI Crude Oil
I'm a buyer above top level resistances. C is optional for gamblers
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I was bang em down into this triangle pattern on watch for potential breakout
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18/50 cross should put this over 55.77 and a quick retest of high 56 potentially $57 before downside continues
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good scalp off 1hr, B leg now needs to hold as support. moving up to higher time frame
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2hr needs more shorts. still have 9/50 and 18/50 as potential cross overs for spike price back above $56.00 monitoring for bullish continuation
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waiting for 50 ema to cross top level resistances on 30min chart
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30min desc. triangle W/AD view
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AD gave heads up to this move on 1hr days ago
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either hold for the 1hr spike w/ a 50 ema crossing 50% fib set up, or take profits. I'm taking profits as I always do. enjoy your weekend folks
Trade closed manually:
locking in profits going into a weekend

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