Crude Oil’s promising triangle (Nov. 9, 2022)

CL hit the wall once again just below $94/bbl. The ongoing ascending triangle formation on the daily is quite promising but the breakout is pending.

Disclaimer> This post is informational only. This post is not a trading or investment advice! Financial markets are inherently risky. Manage your position size carefully and honor your risk decisions which you and only you are responsible for!