Crude medium term long trade setup

As we can see on the chart, USOIL is trying to break out of the wedge.
Once its successful in doing so, we can expect a good upmove.
We may look for long trades in shorter timeframes.

Trade ist aktiv:

We had a nice impulsive move today. Hopefully this will lead to the target zone.

Trade geschlossen: Ziel wurde erreicht:

The target was almost done and we have got a good retracement now.