USOIL - Possible Cup and Handle Pattern

12 set 2017

USOIL chart almost similar to GBPJPY Cup & Handle that already successful. I want want to wait for breakout before making entry. I normally refer to H4 for entry setup. Hope can make another profit with this pattern on USOIL.
Short term target at 51.75
Mid term target at 55.00
H4 chart :-

25 set 2017

Nota

USOIL is moving according to prediction. Happy trading.

2 nov 2017

Trade chiuso: obiettivo raggiunto

All targets reached. Simple trading strategy works successfully.

6 dic 2017

Nota

Just reviewing the study on the strategy.
Current price reached highest level of target box.
Thanks.