FLAG PATTERN IN WTI

1 במרץ

Earlier price is consolidating after making swing high in D1 and finally break the chart structure upward. The structure of flag pattern is formed. After retrace at the level 0.50 as per Fibonacci, that was the point of entry and making the target TP is from 0.50 Fibonacci to the same length of pole of the flag (from 0.50 Fibonacci to target TP at the next daily resistance)