USOIL Follow up (2016-08-31)
Currently the price is drop via the 0.382 ratio which was mentioned in previous post.
If you are shorting since last post's position,
keep that short and wait until 44.07 (0.5 ratio) to see if there is any candlestick pattern which is worth to note.
Let's see if there is any trend changing candlestick pattern formed when the price is reaching 44.07
Happy Trading :)
If you are shorting since last post's position,
keep that short and wait until 44.07 (0.5 ratio) to see if there is any candlestick pattern which is worth to note.
Let's see if there is any trend changing candlestick pattern formed when the price is reaching 44.07
Happy Trading :)
Note
The price drops via 44.07 now. Keep monitoring.If there is no sign of turning trend, next target would be 42.91
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