Crude Oil: Longs May Be Ready To Come Into The Market #Oil
Friends,
Looks like we've been in the process of accumulation here. I feel as though bullish momentum is building here. There is a potential bat pattern in play, with CD leg completion illustrated on the chart @ 47.10's
Key points:
-Aggressive entries are technically ready today
-Conservative traders will want to wait for clean break above 47.10's
Add me on Twitter! TomKillick1
Best of luck
Tom
Looks like we've been in the process of accumulation here. I feel as though bullish momentum is building here. There is a potential bat pattern in play, with CD leg completion illustrated on the chart @ 47.10's
Key points:
-Aggressive entries are technically ready today
-Conservative traders will want to wait for clean break above 47.10's
Add me on Twitter! TomKillick1
Best of luck
Tom