USOIL Daily 5-0 Pattern

Updated
USOIL daily seems to be going for its last bullish extension leg to the 161.80% level. Though bearishness is still very much present, this market resembles a range before trend continuation impulse move. Lower timeframes for entries is the preferred choice. Wider stops and smaller size is also very important.
Trade closed: target reached
+250 ticks
Trade closed: target reached
+600 ticks
Andrew's PitchforkChart PatternsFibonacci ExtensionHarmonic PatternsSchiff PitchforkTrend AnalysistrendcontinuationpatternsCrude Oil WTIusoilforecastusoillong

Disclaimer