USOIL Post Impulsive Wave Pull Back
In the monthly chart note the reversed H&S pattern --- We broke the neckline sending price upwards.
After the move upward we seem to be testing top channel trend. (Right Chart - Magenta Dashed Line)
Im anticipating in a fibonacci retracment to key levels. (38.2 - 61.8)
Market Outlook: Bullish
Will Update
After the move upward we seem to be testing top channel trend. (Right Chart - Magenta Dashed Line)
Im anticipating in a fibonacci retracment to key levels. (38.2 - 61.8)
Market Outlook: Bullish
Will Update
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.