USOIL:Gartley Pattern & Cypher Pattern & Downward Trendline
The bearish Gartley pattern and bearish Cypher pattern are completing on USOIL.And the D points of the patterns are at the same levels.What's more,the downward trendline also works at this area.
The RSI is also moving under the trendline.
So it is a good chance for opening short positions at 50.8-51.0 levels.
ST:above 51.1
TP1:50.4
TP2:49.8 and even more
The RSI is also moving under the trendline.
So it is a good chance for opening short positions at 50.8-51.0 levels.
ST:above 51.1
TP1:50.4
TP2:49.8 and even more
Trade attivo:
More patience is necessary.
Trade chiuso: stop raggiunto