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USOIL Post Impulsive Wave Pull Back
CFDs on Crude Oil (WTI)
USOIL Post Impulsive Wave Pull Back
By EJSM
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Jan 16, 2018
4
Jan 16, 2018
In the monthly chart note the reversed H&S pattern --- We broke the neckline sending price upwards.
After the move upward we seem to be testing top channel trend. (Right Chart - Magenta Dashed Line)
Im anticipating in a fibonacci retracment to key levels. (38.2 - 61.8)
Market Outlook: Bullish
Will Update
Bullish Patterns
crude
Fibonacci
Head and Shoulders
Trend Analysis
Crude Oil WTI
WTI
EJSM
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