Crude oil- The Bearish Triangle

Aggiornato
Crude fails to break the upper side of a triangle. Nice bearish reversal Daily candle too, similar to ones in the past, calling bears
Nota
Crude oil is breaking lower out of a bearish triangle pattern as expected. Keep in mind that triangles usually occur in 4th waves and indicate final wave 5 before a reversal. However, there can be still room down to 65-60 triangle target area, where we also see ideal 138,2% - 161,8% Fibonacci target zone.
istantanea
Crude OilElliott WaveEnergy CommoditiesCrude Oil WTI

Explore our services
👉wavetraders.com/elliott-wave-plans/

Learn Elliott Waves
👉 wavetraders.com/academy/

Newsletter Sign up
👉 bit.ly/3FVPVzO
Anche su:

Pubblicazioni correlate

Declinazione di responsabilità