Crude Oil Poised for Bullish Breakout from Wyckoff Accumulation Pattern

Ming Jong Tey
2 min readMar 27, 2024

Watch the video extracted from the WLGC session before the market open on 26 Mar 2024 below to find out the following:

  • The key characteristics of the Wyckoff accumulation structure in crude oil
  • The change of character to signal pending upside movement
  • Why the current bullish flag could be a sweet spot
  • and a lot more…

Market Environment

The bullish vs. bearish setup is 546 to 122 from the screenshot of my stock screener below.

This is still a bullish market environment with plenty of setups.

Wyckoff method stock screener

Market Comment

8 “low-hanging fruits” (TOL, THC, etc…) trade entries setup + 17 actionable setups (IOT etc…) were discussed during the live session before the market open (BMO).

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Ming Jong Tey
Ming Jong Tey

Written by Ming Jong Tey

I am a Wyckoff trader who practice kaizen in trading. Get Weekly Market Outlook & Best Trading Advice straight to your inbox: https://www.tradeprecise.com/

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