USOIL : Making Handle to Cup. Tg 47.89 and 47.39
W got rejected at trend line. It will take another route to breach 50.
Making handle with 0.618 fib retracement.
Tg 1 47.89
Tg2 47.39
SL 50.5
Making handle with 0.618 fib retracement.
Tg 1 47.89
Tg2 47.39
SL 50.5
Trade active
Shorted 49.5 and 49.4 2 Lots.So far so good.
Note
Target 1 achievedNote
Perfect BounceTrade closed: target reached
Target 2 achieved
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Related publications
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.