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Fx-Nature

USOIL - Potential buy setup

Long
CFD Petrolio WTI (TVC:USOIL)  
Fx-Nature Aggiornato   
TVC:USOIL   CFD Petrolio WTI
Harmonic Patterns Head and Shoulders Fibonacci
11
0
harmonicpatterns headandshoulders fibonacci
THIS IS SPECULATIVE SETUP!

I see potential iH&S in development. Please remember this setup is against the trend, so reduce your position.

Entry around 44,70 (AB=CD 1H + 0,618retr).

If it breaks that area look for price action around 42,20.

Target profits marked on chart.

Trade responsibly.
Commento:
USoil formed iH&S pattern. So far we sit on the resistance zone, 3rd test.

We are almost at the 1st Target profit.

Second target profit is confirmed by bearish butterfly + 1.618extension

snapshot
Commento:
Also sits in the triangle:
snapshot
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