USOIL -bias long
Bullish indications:
Double bottom formation.
Resistance broken at 68.752
Inverted head and shoulder pattern from the base in 15 min time frame.
Bullish engulfer candle from the support.
Major support respected at 67.26
Bearish indications:
Trend line resistance yet to break .
LLLH
Trade plan bias long @68.68
SL:67.78
TP1:69.71
TP2:70.47
Double bottom formation.
Resistance broken at 68.752
Inverted head and shoulder pattern from the base in 15 min time frame.
Bullish engulfer candle from the support.
Major support respected at 67.26
Bearish indications:
Trend line resistance yet to break .
LLLH
Trade plan bias long @68.68
SL:67.78
TP1:69.71
TP2:70.47
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