USOIL NEXT TARGET WILL BE AT 54.8 AROUND
IF possible ,usoil will go like the chart
now ,three reasons for the target
1:if cypher pattern formed ,the reversal point will be at 0.786XC,that is "D"point
2:ab=cd pattern will be finished at "d"point
3:1.618ab extend is also at 54.8 aroud
4:descending triangle to break up the probability of large
from the chart ,we can find the above three points just in one position coincide,so I take 54.8 aroud as the target.
now ,three reasons for the target
1:if cypher pattern formed ,the reversal point will be at 0.786XC,that is "D"point
2:ab=cd pattern will be finished at "d"point
3:1.618ab extend is also at 54.8 aroud
4:descending triangle to break up the probability of large
from the chart ,we can find the above three points just in one position coincide,so I take 54.8 aroud as the target.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.