If there is no horizontal movement, there may be a better bat pattern for entry. Let's wait for entry D for entry.
There is a big target ahead. If the price range of 53-54 is broken, it may be possible to reach the range of 56-57. Let's wait for the price to reach the D point.
It can be placed SL just below the 2.24 fibonacci ratio. But we need to wait for D to occur. I expect the price to rise between 2.24 and 1.618. A little big space, let's see what happens.
Its seems to me nice long opportunity. It came to me like the beginning of a new trend.
I think the correction phase is over. The downward trend is likely to continue.
I think the upward trend in USOIL will continue. But if there was a downward turn, I set the possible targets. Wait for him to break.
Wait for the breakout to comfrim.
Wait for D point to comfrim.
Purple area show that sell area.
While the orange field shows another pattern.
There may be a possible divergence here.
I think the trend is going up again after the climb.
wait for d point.
Wait for D point.
Wait for d point to confirm.
BB is sqezee now.Wait for D point to confrim.