crown pattern on usoil

2023년 1월 8일

hello guys...

usoil or WTI makes a crown pattern. and the target of this pattern is as height as the main pattern so in this scenario usoil should reach the $66 area.

to the clear crown pattern:



kind of looks opposite of the head and shoulders pattern.

on the hand, the $66 have been important before



clearly, you can see this resistance level before and after the dump:



there are a lot of reasons for usoil to reach the $66 level and maybe the price will start an upward movement from this specific level.

but we should prepare for every situation so if the price engulfs the red level be ready for getting a long position.

always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
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2023년 1월 16일

액티브 트레이드

great setup for entry