Crude Oil - Price Structure
Interesting setup on the daily chart for USOIL with a potential breakout, we have just broken out of an ascending triangle (chart shown below) and price has now hit the 0.618 retracement level right on the trendline.
I'm expecting a pullback before price breaks this level and continues the move lower.
Please feel free to leave your opinion below.
I'm expecting a pullback before price breaks this level and continues the move lower.
Please feel free to leave your opinion below.
📈 Master the Art and Science of Trading: sixfigurecapital.com
Related publications
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.
📈 Master the Art and Science of Trading: sixfigurecapital.com
Related publications
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.