TradeLikePros

USOIL Potential Head and Shoulders Formation

TradeLikePros Actualizado   
TVC:USOIL   CFDs sobre petróleo crudo WTI
USOIL made a massive move after the pandemic and it's now moving in a range. It's currently trading in the resistance zone. Based on previous price action, it seems like it will complete this Head and Shoulders pattern over the next few weeks.

But it's quite possible that it will continue its move upward after completing this pattern because there are fewer chances of a breakdown. This analysis will be considered wrong if it touched 78.30 level before completing the pattern.

Thanks!
Best Regards,
Trade Like Pros.
Operación cerrada: precio stop alcanzado
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.