UKOIL USOIL :: possible HS pattern in play
I'm glad to share a new possible scenario in play, for your consideration: Head and Shoulder pattern.
Currently we could be developing the HEAD that could lead to a correction towards 60-62 area, followed by a new leg up to form the RIGHT SHOULDER and then another important correction down to 54-57 area.
Only time will prove this idea more or less accurate. At the moment I see no reason to short oil yet, unless till we hit 72 area in USOIL.
All the best mates.
Currently we could be developing the HEAD that could lead to a correction towards 60-62 area, followed by a new leg up to form the RIGHT SHOULDER and then another important correction down to 54-57 area.
Only time will prove this idea more or less accurate. At the moment I see no reason to short oil yet, unless till we hit 72 area in USOIL.
All the best mates.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.