Multiple Triangles present on Oil long on C wave

I would like to see a retrace to C wave and look for it to hold and get a bounce, if trendline is broken at C wave will consider shorting. Similar triangle patterns on weekly chart which also broken down before oil fell over the past few weeks.

Комментарий:

seeing more downside w/ potential bearish cross 3/15 on 3hr chart previous lower time frames have occurred already

Комментарий:

monitoring 4hr for bearish continuation 3/15 cross

Комментарий:

looking to get 3 cracks at $49.50+ profit takers likely at $50.50

Комментарий:

could potentially get the much needed 3hr 18/200 cross over

Комментарий:

multiple moving avg's are also approaching spike level on the Daily chart as well

Комментарий:

cup/handle on 15min chart monitoring for continuation

Комментарий:

watching for a possible "W" breakout pattern on 3hr/4hr

Комментарий:

the 3hr cross over occurred monitoring for continuation onto the 4hr for potential cross over

Комментарий:

4hr chart w/ spike level at the .618% fib level by multiple moving avg's looking for them to hit the target level

Комментарий:

notice the 3 drives pattern on the 4hr chart I have 1/4 position left

Сделка закрыта: достигнута тейк-профит цена:

took profits at $50.34 oil, although I can see prices continuing to possibly $50.93 level profits are in hand, not risking exposure to weekend. Still monitoring for continuation however.

Комментарий:

watch for continuation for $52.50

Комментарий:

back at C-wave for the 3rd time