Bearish Butterfly has almost formed on 4H timeframe in US OIL.
It has formed between two key levels of 54.14 and 50.
I will wait for the price action at the approach to the key level of 54.14. Possible fake breakout of 54.14 might start strong downmove. It will also be complimented by that butterfly formed with the ideal D point of 1.27XA.
It has formed between two key levels of 54.14 and 50.
I will wait for the price action at the approach to the key level of 54.14. Possible fake breakout of 54.14 might start strong downmove. It will also be complimented by that butterfly formed with the ideal D point of 1.27XA.
Comment:
Target 1 was reached. Perfect test of PRZ