#bearishflagpattern

[traderpulse]

Crude Oil Wave Analysis ** After a strong show in the last weeks, crude oil needs to make an obvious correction. ** We expect the correction to be of ABC structure and it has already completed waves A and B. ** Further, the structure resembles a bullish flag pattern and the price is at the upper parallel now. ** Currently, the pair is forming a bearish flag pattern in the short-term charts and a break below could guarantee a safe entry to bears. ** PS: Aggressive trades, refer to the resistance at 40.41 for the stop. Get the free analysis now: Android: https://play.google.com/store/apps/details?id=com.traderpulse.analysis IOS: https://apps.apple.com/app/forex-analysis/id1358603638 Web: https://analysis.traderpulse.com