USOIL Action plan after the Inventories
Pattern: Channel Down on the 4H chart.
Signal: (A) Bearish as long as the 4H MA50 is intact and (B) Bullish if it gets crossed.
Target: (A) 15.00 (-40% fall as in the previous Lower Low sequence) and (B) 34.00 (the previous Lower High of the pattern).
Previous signal:
Signal: (A) Bearish as long as the 4H MA50 is intact and (B) Bullish if it gets crossed.
Target: (A) 15.00 (-40% fall as in the previous Lower Low sequence) and (B) 34.00 (the previous Lower High of the pattern).
Previous signal:
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