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AdamHong

USOIL:Gartley Pattern & Cypher Pattern & Downward Trendline

Short
CFDs on Crude Oil (WTI) (FX:USOIL)  
AdamHong Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
Crude Oil WTI Gartley Cypher Trend Lines
1
0
usoil gartleypattern cypherpattern trendline
The bearish Gartley pattern and bearish Cypher pattern are completing on USOIL.And the D points of the patterns are at the same levels.What's more,the downward trendline also works at this area.
The RSI is also moving under the trendline.
So it is a good chance for opening short positions at 50.8-51.0 levels.
ST:above 51.1
TP1:50.4
TP2:49.8 and even more
Trade active:
More patience is necessary.
Trade closed: stop reached
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