BP previously broke out of the Bull Cypher and bull flag on the 1hr. After this retrace in oil, BP is looking to stabilize above the bullish cypher breakout A/C leg . Price action must hold above breakout from Bull flag (5th wave)
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to review more of my oil analysis
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click the chart above
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what I see for
BP
BP
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on the 3min chart, thats a bull flag building
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broke out of bull flag on 15min chart, looking to retest highs 37.35
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need to breakout of this apex and price stability still needs to hold above bull flag breakout