USOIL daily - rising wedge exhausting - 5/27/2016

Crude Oil (WTI)FXCM

描述

⋅ May 27, 2016 4:12 PM

Watch red lines for supports, but the wedge is exhausting. Even without a breakout, in extreme case, it can still push the price to $53 level.

If it falls out of the wedge, a correction is likely.

Crude Oil WTI