USOIL Descending triangle pattern formation in 1 hour chart. Based on breakout either you can go for long or short
What happens next? That described in the chart. You can ask me anything related to this chart by below comment section or DM.
Reason for USOIL reversal : Market has formed LH & LL pattern in 15 mins time frame and exactly 6:30 PM IST market has taken support from support channel which i mentioned in chart and reversed
USOIL 1 hour chart pattern formation on 04/08/2020
TVC:USOIL
Midterm forecast: . While the price is below the resistance 45.00, beginning of downtrend is expected. . We make sure when the support at 36.95 breaks. . If the resistance at 45.00 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: . There is a divergence in RSI and price between the peak at 43.315 on 2020-06-08...
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Market Analysis : USOil Symmetrical triangle pattern formation in 30 mins Time Frame. Based on breakout you can go for long or short depends upon your risk reward ratio
USOIL Descending triangle pattern breakout in 30 mins TF
USOIL Descending triangle pattern formation in 1 hr TF. Based on breakout/breakdown either you can go for Long or Short
USOil parallel channel pattern formation in 15 mins time frame