USOIL bullish butterfly pattern
At the end of 2017, Oil, gold, stocks, and even non-USD currencies had a nice rally, and all of which encountered some correction recently.
USOIL showed best relative strength while it also just finished a daily double top.
When a strong trend turns into consolidation and fluctuation, that's the time when the "buy low sell high worked the best.
It's not a bad idea to short the 2618, while this butterfly long is closer lol.
Let's see how it goes!
USOIL showed best relative strength while it also just finished a daily double top.
When a strong trend turns into consolidation and fluctuation, that's the time when the "buy low sell high worked the best.
It's not a bad idea to short the 2618, while this butterfly long is closer lol.
Let's see how it goes!
Orden cancelada:
It broke without any reversal sign even in 5min chart, this trade cancelled