Bearish broadening wedge on USOIL! WTI technical analysis!
Hello my beauties.
It seems that the price of oil, while climbing, has created a bearish broadening wedge (or megaphone).
The completion zone for this pattern is the green area.
I'll wait for any wign of weakness and initiate a short position to the completion zone.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
It seems that the price of oil, while climbing, has created a bearish broadening wedge (or megaphone).
The completion zone for this pattern is the green area.
I'll wait for any wign of weakness and initiate a short position to the completion zone.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
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