USOIL - TREND REVERSAL AHEAD !
Updated
First target $62 on the long way to $52 !
Note
First station reached on the long way DOWN to $52!Don't catch a "FALLING KNIFE"! ;-)
Note
Looks like another setup to $61.50 is in progress?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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