Short the Bat, Long the 2618 // IF=THEN ®
That's what we have in 30 min timeframe... for 
USOIL
IF the price bounces up from previous support, now resistance, breaking the previous structure, we can expect an upward movement, eventually completing the BAT pattern, forging a new and friendly Short opportunity.
The second target from BAT pattern, the 61.8% retracement from AD after the double bottom formation, takes us to a new buying opportunity (technically) eventually to break previous structure highs.
To keep alert and carefully.
Check previous published idea (The Crab on daily chart):
Check Advanced Patterns ratios:
USOILIF the price bounces up from previous support, now resistance, breaking the previous structure, we can expect an upward movement, eventually completing the BAT pattern, forging a new and friendly Short opportunity.
The second target from BAT pattern, the 61.8% retracement from AD after the double bottom formation, takes us to a new buying opportunity (technically) eventually to break previous structure highs.
To keep alert and carefully.
Check previous published idea (The Crab on daily chart):
Check Advanced Patterns ratios:
I am a financial market analyst based in Porto, Portugal. I provide market forecasts to a group of professional traders, playing a crucial role in assisting them in making well-informed decisions in the financial markets.
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