USOIL LH & LL pattern formation in 15 mins time frame
USOIL Lower High & Lower Low pattern in 15 mins TF
Market Analysis : USOil forms Lower High & Lower Low pattern in 15 mins time frame.
Failed to make higher high, will it it make lower lows
TCS on 15min Timeframe, reflecting a beautiful price action. It was in an uptrend for a while forming a double top eyeing for a reversal. The point where it formed a second top would have been a great opportunity to short. But who missed at that point including me, now there is another eye-opener. Forming a strong double top, it reversed from there breaking...
Currently in a downtrend. Looking to form a base. It is better to be patient and wait until the trend reverses.
From support zone price is moving towards the resistance
The counter has topped out in the near-term charts. It formed a significant high of 1.14800 and unable to hold on to the gains it slid down to the support of 1.13582. It then made an effort to take down the previous high but a head and shoulder pattern has formed. So, the entire structure could be attributed to lower high formation in the making. The MACD...
In downtrend, Formed lower top, retraced to 61.8% CBSL 212 No targets, lets trail SL till it hits, Entry below PDL