USOIL 1H AB=CD+ BEARISH GARTLEY+ SUPPLY ZONE
USOIL MAY GO UP IN ORDER TO FORM BEARISH GARTLEY WITH THE PREVIOUS SUPPLY ZONE, WHILE COMPLETING AB=CD.
HENCE, I CAN WAIT TILL PRICE MOVE INTO THE ZONE AND TAKE A SHORT POSITION AS BELOW.
EP: 58.97
SL: 59.21
TP1: 58.47
TP2: 58.18
TP3: 57.72
EIA IS GOING TO RELEASE WEEKLY REPORT TODAY, THERE IS CHANCE WE MIGHT NOT SEE PRICE MOVING UP. ANYWAY, WE WILL SEE.
HENCE, I CAN WAIT TILL PRICE MOVE INTO THE ZONE AND TAKE A SHORT POSITION AS BELOW.
EP: 58.97
SL: 59.21
TP1: 58.47
TP2: 58.18
TP3: 57.72
EIA IS GOING TO RELEASE WEEKLY REPORT TODAY, THERE IS CHANCE WE MIGHT NOT SEE PRICE MOVING UP. ANYWAY, WE WILL SEE.