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
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
PATTERN IS VAILD ONCE PRICE REACHES THE PRZ BUY 2921... SL AND TARGETS WERE MENTIONED IN THE CHART... TREND LINE SUPPORT IS THERE FOR ADDITIONAL BULLISH CONFIRMATION....BREAKING DOWN THE TRENDLINE WILL LEAD TO A DOWN MOVE... DO YOUR OWN ANALYSIS BEFORE TAKING THE ENTRY...
BULLISH BAT- HARMONIC PATTERN PRICE REVERSAL ZONE(PRZ)- $40.12 STOP LOSS- $39.81 1ST TARGET- $40.96 2ND TARGET- $41.23 IGNORE IF STOP LOSS HIT.. PLEASE REFER THE CHART... TVC:USOIL