Trading Crude Oil Using Harmonic Patterns and Binary Options

Crude oil has completed a harmonic pattern, called a Bullish Deep Crab and began stalling.  This particular harmonic pattern is an extended move and it is common for a stall offering a balance time for buyers and sellers.  What happens at the break of the balancing act is where directional bias comes into play and which targets to aim for in a trade. These products are unregulated and non-transparent and are best left alone.

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Trading Crude Oil Using Harmonic Patterns and Binary Options