Chart Pattern Analysis Of CL1!

https://www.tradingview.com/x/J0kLLYwL/
There are 4 candles close upon the neckline of a potential bullish triangle pattern,
It seems that another bull run will start here.
I am expecting an accelerate motive wave to touch or break up the nearest higher high at about 72USD.

On the other hand,
If K5 couldn’t close upon K4 to verify the strong bullish momentum,
It is also possible that a short-term consolidation will carry on from K3.

If the following candles successfully retest the downtrend line after a successful break up,
It is also a good place to buy it then.

Long-65.4/Stop-64.4/Target-72