Bearish Crab on USOIL: Bearish Continuation Expected This Week
Updated
We have a Bearish Crab with MACD Bearish Divergence at Last Week's high on USOIL after a reaction to the PCE report. I'm expecting that we have reached a top for the week and that we will continue to make the bigger move to the downside to continue the trend started by the 4HR Bearish Bat Trade Below.
I will be waiting for the stock market to actually open before taking the trade if it's still within the Pattern Completion Zone by then.
I will be waiting for the stock market to actually open before taking the trade if it's still within the Pattern Completion Zone by then.
Trade active
Note
That's some pretty crazy performance from such a small crab!!Going to take some profits on this particular entry.
Trade closed: target reached
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