WTI Rohöl CFD's
Long
Aktualisiert

Drink Up multiple cup/handle patterns forming

1 000
already long but wanted to share these series of cup and handle patterns forming on oil... Looking for a potential retrace to 69.70-69.50 max, looking for price action to retest the breakout of the last cup and handle pattern.. leading to a larger breakout... dips will be bought swiftly
Anmerkung
think of this as a teaching tool... when trading bullish/bearish continuation patterns, always look for the same pattern to continue onto a higher time frame until its invalidated.. In this case, I seen a retrace of the smaller cup/handle on the smaller time frame and notice a series of the cup/handle patterns, which are currently forming inside of a much larger cup/handle pattern, which will lead to a bigger breakout..
Anmerkung
Challenge my Elliot Wave Count Looking for $95 Oil
Anmerkung
bullish patterns can be overbought on specific time frames to lead to higher breakouts just showing love and education to the trading community. cheers Snapshot
Anmerkung
also seen on the 2hr Snapshot
Anmerkung
now the picture is getting more clearer . I hope this helps Snapshot
Anmerkung
this is the 4th cup and handle pattern Snapshot
Anmerkung
we buying all dips Snapshot
Anmerkung
followed this live chart Snapshot
Anmerkung
Snapshot
Anmerkung
Snapshot by any dip Sunday/Monday
Anmerkung
Snapshot
Anmerkung
prev. resistances of B leg, should act as future support
Anmerkung
Lets see if the 2hr can get it done on this cup and handle breakout. I'm aggressively looking for $74 min target on oil, w/ max 75 potentially by Friday's close Snapshot
Anmerkung
consolidation Until Apex Breakout
Anmerkung
Snapshot
Anmerkung
4hr cup/handle being created Snapshot

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.