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USOIL Action plan after the Inventories

CFDs on WTI Crude Oil (TVC:USOIL)  
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TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Harmonic Patterns Chart Patterns Oil Crude Oil WTI signals oilsignals Commodities Energy Commodities energysignals commoditysignals
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trendanalysis harmonicpatterns chartpattern oil usoil signals oilsignals commodities energy energysignals commoditysignals
Pattern: Channel Down on the 4H chart.

Signal: (A) Bearish as long as the 4H MA50 is intact and (B) Bullish if it gets crossed.

Target: (A) 15.00 (-40% fall as in the previous Lower Low sequence) and (B) 34.00 (the previous Lower High of the pattern).

Previous signal:

USOIL Buy Signal
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