USOIL - BEARISH CROSSING EMA25 and EMA50 !
Another very bearish sign!
Note
Note: MA (Moving Average) not EMA (Exponential Moving Average)!Note
Now a "BEARISH ENGULFING PATTERN" has formed! Downward trend confirmed !Note
By the way, after "LEFT SHOULDER" and "HEAD" now we've the "RIGHT SHOULDER" at exactly the same level like the left one! And all ended with a "BEARISH ENGULFING PATTERN" which was the last step for the TREND REVERSAL to the DOWNSIDE ... $52 ahead!
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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.