LOOK FOR CRUDE OIL TO TAKE A SLIDE
Ascending Triangle Trendline breakout
Blue Sup/Res lines found on weekly chart
On Day chart find fib lines and triangle
Price consolidated sideways at Weekly S/R zone and 61.8% fib
Price has curved downward
Wait for price to fall to bottom Trendline
There price will either bounce up once again or breakout bottom trendline
Wait for a candle to close below trendline
Wait for volume bars to increase
Wait for ATR value to increase
Choose your own entry strategy - (poss 15m/30m break-hook-go pattern)
Find your own SL
Blue Sup/Res lines found on weekly chart
On Day chart find fib lines and triangle
Price consolidated sideways at Weekly S/R zone and 61.8% fib
Price has curved downward
Wait for price to fall to bottom Trendline
There price will either bounce up once again or breakout bottom trendline
Wait for a candle to close below trendline
Wait for volume bars to increase
Wait for ATR value to increase
Choose your own entry strategy - (poss 15m/30m break-hook-go pattern)
Find your own SL
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