meszaros
Long

WTICOUSD before a 49% rise....

OANDA:WTICOUSD   West Texas Oil
I suppose a fractal repetition can develop. The figure shows that in both cases the rise begins with an upward eruption from a descending channel . This is the scenario I am expecting right now. Therefore, in the coming time I will be looking for long positions in the oil price.
Hi ,pal , sure from looks solid 53.22-53.80
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meszaros fatboy007
@fatboy007, Thanks for the comment. Yes possible. Unfortunately, it is sometimes difficult to make easy-to-understand analyzes because fractals appear in locations that are not supported by the chart's horizontal resolution.
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