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AwesomeAvani

USOUSD Megaphone PAttern Increased Volatility

WTI Crude Oil Cash (VANTAGE:USOUSD)  
AwesomeAvani Updated   
VANTAGE:USOUSD   WTI Crude Oil Cash
Chart Patterns Wedge Triangle megaphone megaphonepattern usousd Crude Oil WTI
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chartpattern wedgepattern triangle megaphone megaphonepattern usousd usoil
USOUSD

Spot crude oil is showing a megaphone pattern on the 4H chart.

This suggests increased volatility due to buyer/seller indecisiveness especially

when the price action is near the upper and lower lines as well

as the midline. The link below goes to a tutorial on how

to trade a megaphone pattern.

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