Tradersasi23

USOil once again triangle pattern

TVC:USOIL   CFDs on WTI Crude Oil
Once again (4th time in a row ) Usoil is making a symmetric triangle, breakout may happen both the direction. Wait for the break and enter the market.
Trade closed: target reached: Pattern break happened

Comments

sometimes Crude oil movement in chart and usoil movement in charts are completely opposite.....why such cases happens????
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Tradersasi23 sathish508420
@sathish508420, It looks like that but it is almost same.

For example take today's breakout. both the market breakouts at the same time.
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sathish508420 Tradersasi23
@Tradersasi23, yes most of the times its same but sometimes its totally opposite and i dont know any specific reason for that
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Tradersasi23 sathish508420
@sathish508420, MCX Crudeoil is dependent on USOIL.

USoil runs the show extended hrs when compared to MCX Crudeoil, So gapup and gapdown in our market makes you think like that.
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