Pattern: Channel Down on 4H. Signal: Bearish after making a Lower High. Target: 55.00 (previous Low).
Pattern: Bullish Megaphone. Signal: Bullish. Two entries. The pull back towards 53.00 (1) or the break out above the green line (2). Target: TP(1) 58.00. TP(2) 60.00.
USOIL (WTI) labeled in a corrective sequence in Minor 2 (green), which appears to unfold as a sharp correction. A bearish impulse would be expected before WTI could bounce back. If you like my work, please support me with a like. More details in my signature. Many pips ahead!
Intraday target: $54.50 Long-term target: $27.00
Intraday target: $49.70 Long-term target: $27.00
Intraday target: $49.70 Long-term target: $27.00
Intraday target: $49.70 Long-term target: $27.00
Intraday target: $46.50 Long-term target: $27.00
Intraday target: $46.00 Long-term target: $27.00
Intraday target: $46.00 Long-term target: $27.00
Intraday target: $44.00 Long-term target: $43.00
Intraday target: $46.00 Long-term target: $43.00
Intraday target: $50.40 Long-term target: $43.00