As you remember for a long period of time we were monitoring an expanding wedge pattern on WTI Crude Oil. We were patiently waiting for a test of its support to buy the market from there.
Once the price reached that, we were looking for a confirmation. On 4h time frame, we spotted a falling wedge pattern. Its bullish breakout & retest was the trigger to buy the market.
11% gain so far and further bullish continuation is expected.
Did you catch this move?
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