Long on USOIL, posted a bit late
1. failure to create lower low.
2. higher low before breakout.
3. strong breakout of the last high to create higher high.
4. 38.2% retracement.
5. price is trading above the moving average.
6. bullish engulfing bar.
2. higher low before breakout.
3. strong breakout of the last high to create higher high.
4. 38.2% retracement.
5. price is trading above the moving average.
6. bullish engulfing bar.
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