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Crude Oil: Easy Swing Trade

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West Texas Oil (OANDA:WTICOUSD)  
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OANDA:WTICOUSD   West Texas Oil
Trend Analysis Chart Patterns Crude Oil Oil WTO wtoil
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trendanalysis chartpattern crudeoil oil wto wtoil
The reversal of crude oil happened after breaking the weekly channel couple of weeks ago as anticipated in my previous post
Crude Oil Reversal!
(See link), a nice short trade was initiated. Was really one good trade. Oil was ever good to us, providing another setup to go short again.

Wait for a rejection around the upper line of the symmetrical triangle.

trade safe & Good luck!
Komen:
So far so good.
PS: this analysis fails if Oil breaks above 68.

Idea Berkaitan

Mamou-Q
Crude Oil Reversal!
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