𝗪𝗧𝗜 𝗢𝗜𝗟 𝗜𝘀 𝗡𝗼𝘄 𝗔𝗽𝗽𝗿𝗼𝗮𝗰𝗵𝗶𝗻𝗴 𝗜𝘁𝘀 𝟮𝗻

𝗪𝗧𝗜 𝗢𝗜𝗟 𝗜𝘀 𝗡𝗼𝘄 𝗔𝗽𝗽𝗿𝗼𝗮𝗰𝗵𝗶𝗻𝗴 𝗜𝘁𝘀 𝟮𝗻𝗱 𝗠𝗮𝗷𝗼𝗿 𝗥𝗲𝘀𝗶𝘀𝘁𝗮𝗻𝗰𝗲. 🛢️🔥 #WTI $USO This move has been on my radar since price held the 𝗽𝘂𝗿𝗽𝗹𝗲 𝘀𝘂𝗽𝗽𝗼𝗿𝘁 near $79. Note the full purple wedge / coil. The 𝘁𝘄𝗼 𝗼𝗿𝗮𝗻𝗴𝗲 𝗱𝗮𝘀𝗵𝗲𝗱 𝗹𝗶𝗻𝗲𝘀 were drawn back in July — not after the fact. I expected the first level to trigger 𝗽𝗿𝗶𝗰𝗲 𝗮𝗰𝗰𝗲𝗹𝗲𝗿𝗮𝘁𝗶𝗼𝗻 once cleared (ref original quoted post). Look at today's long green candle after the breakout. The next destination is the 𝗯𝗹𝘂𝗲 𝗺𝗮𝗿𝗸 / upper orange dashed line. That's where the previous black wedge originally pointed before price took the scenic route — buying enough time for $SPY to establish its Aug. 13 high. Once that blue zone is reached, I’ll be watching for a 𝗙𝗶𝗯𝗼𝗻𝗮𝗰𝗰𝗶 𝗿𝗲𝘁𝗿𝗮𝗰𝗲𝗺𝗲𝗻𝘁 of one or two levels. Geopolitical headlines (Department of Good News) will provide the catalyst — but the technical setup is already on the chart. After that small correction, the larger oil structure will still have unfinished business to the upside. 𝗧𝗵𝗲 𝗰𝗵𝗮𝗿𝘁 𝗹𝗲𝗮𝗱𝘀. 𝗧𝗵𝗲 𝗵𝗲𝗮𝗱𝗹𝗶𝗻𝗲𝘀 𝗳𝗼𝗹𝗹𝗼𝘄. I trade the structure — not the story. Share & Subscribe, . $UCO $WTIU $WTID $SCO $UNG $BOIL $QQQ $DXY