Tonight we have USOIL on a 4h chart with a head and shoulders pattern. We are currently trading below the 200 EMA on the Daily chart, if we close above this I would consider the trade invalid.
I'm looking to short this all the way down from the right shoulder, waiting for confirmation! This is additional analysis supporting my long term prediction which was posted last week, you can view this idea below.
I'm looking to short this all the way down from the right shoulder, waiting for confirmation! This is additional analysis supporting my long term prediction which was posted last week, you can view this idea below.
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