This trading idea is designed to capture the reversal trend using Harmonic Pattern Technique. WTI (CRUDE/ USOIL) is moving in a bearish direction and is expected to take reversal from Potential Reversal Zone (PRZ) shown in the chart. Bullish AB= CD Harmonic Pattern is used to identify PRZ at point D. Long Trade Setup is presented in case of reversal of the trend from PRZ.
Order cancelled
⋅
Trade did not trigger as USOIL was not get Reversed frrom the PRZ given in the chart. Trade Plan cancelled for new opportunity.