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AvinashMudaliar

LONG USOIL

Long
CFDs on Crude Oil (WTI) (FX:USOIL)  
AvinashMudaliar Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
LONG Crude Oil WTI longusoil buyusoil buycrudeoil crude buycrude
3
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long usoil longusoil buyusoil buycrudeoil crude buycrude
We have Bearish Pattern in formation. We have completed C leg. Possible Bearish CPB idea is too out of sight now.

Faster KUMO showing order imbalance and pointing up showing bulls in favour. Price is out of Cloud.

We also have a Candlestick Buy signal from H4 TF.

Summing all this up with Output Cut news we look good to test 49USD levels again.
Comment:
C leg now stands out just below 100% retracement. Analysis still hold good.
Comment:
We are now nearing Target and PRZ. Order imbalance still in favour of Bulls. Possible Pattern failure on Cards.
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