BullBear Trading: Stock and Financial Market Technical Analysis

Trade It: This Chart Says A 50% Move In Oil Starts Within The Next Week

Oil is setting up for the start of a 50% move in the next week. With the triangle pattern on the commodity chart coming to a head, oil will either have to breakout or breakdown. This will be the start of a monster move that every trader should be in. If oil breaks out of the triangle pattern, spot crude will head to $64. If oil breaks down out of the triangle pattern, it will head to $28. In other words, whatever the direction break, there is either 50% upside or downside. Catch this trade and literally make millions. How to Trade It? Simply look to see which direction oil breaks. If it breaks above the trend line (breaks out), buy heavily, if it breaks below the the trend line (breaks down) short it or buy puts out to 2017. This is one of the biggest moves of any commodity setting up. As a trader, I am ready to pounce.

By Pro-Trader 

Anthony Jackson

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