Price just breaks down rising channel pattern which is reversal sign. Impulse wave is completed and followed with reversal pattern.
We can sell USOIL if rejection shows and fails to break above trendline.
Stop - above recent high
We can sell USOIL if rejection shows and fails to break above trendline.
Stop - above recent high
Trade closed: target reached
Note
Note
Another waterfall
Note
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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.