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Crude Oil: Longs May Be Ready To Come Into The Market #Oil

Crude Oil: Longs May Be Ready To Come Into The Market #Oil

Crude Oil WTI NYMEX:CL1!

Friends,

Looks like we've been in the process of accumulation here. I feel as though bullish momentum is building here. There is a potential bat pattern in play, with CD leg completion illustrated on the chart @ 47.10's

Key points:
-Aggressive entries are technically ready today
-Conservative traders will want to wait for clean break above 47.10's

Add me on Twitter! TomKillick1

Best of luck
Tom