WTI OIL Channel Up aiming at the 1D MA50.

WTI Oil (USOIL) transitioned from the Inverse Head and Shoulders (IH&S) pattern we described last week to a Channel Up:


Our target remains 74.50 on the medium-term which makes both a Higher High on the Channel Up while filling a 2.0 Fibonacci extension, which is the technical target for the IH&S.

-------------------------------------------------------------------------------

** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **

-------------------------------------------------------------------------------

💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇