nice bounce from yesterday resistance area, which now is acting as support
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price target and trailing stop... monitoring for a potential short set up ab=cd of some sort
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took trailing stop at 61.34, will buy flag breakout 61.73
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pending confirmation of bullish 2hr cup/handle pattern on us oil leggo bulls
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2hr chart update
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waiting on confirmation
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D leg should've been drawn to the thin blue line of $63.15 that's my target after price breakouts above $61.75.
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breakout confirmed, looking for target of $63.10-$63.15 area for likely profit taking. Then look for confirmation, possible bearish continuation due to nature of pattern
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bearish continuation as expected to bearish gartley pattern. Currently see a bearish inverted cup/handle pattern on daily. w/ target $58,55, and likely low if not sub 40's