WTI OIL Neutral sentiment. Trade the break-out.

Pattern: 1W Descending Triangle .

Signal: Bullish within the 1D Channel Up. Neutral outside so trade the break out: (A) Bullish above the 58.80 Symmetrical Resistance, (B) Bearish below the 54.80 1D Support.

Target: Within the 1D Channel Up it is always the 58.80 Resistance. Outside is (A) = 61.00, (B) = 51.50.

See how accurate the 1W Descending Triangle has been on my last Support Buy:

Tradingview link:

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