fxkronk
Long

USOIL: Potential Butterfly Pattern

FX:USOIL   Crude Oil (WTI)
Price has broken a long term resistance and after a small rally it makes a correction. In the chart we can see a potential butterfly pattern where its D point is at the 0.618 of the impulsive leg which broke the resistance level . In elliot wave i believe this at D point we have the begining of wave 3.

Entry Point: 42
Stoploss: 39.75
Profit Target: 52.30

Good luck to those who will follow. :)
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out