USOIL - BEARISH CROSSING EMA25 and EMA50 !

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Another very bearish sign!

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ملاحظة

Note: MA (Moving Average) not EMA (Exponential Moving Average)!

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ملاحظة

Now a "BEARISH ENGULFING PATTERN" has formed! Downward trend confirmed !

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ملاحظة

By the way, after "LEFT SHOULDER" and "HEAD" now we've the "RIGHT SHOULDER" at exactly the same level like the left one! And all ended with a "BEARISH ENGULFING PATTERN" which was the last step for the TREND REVERSAL to the DOWNSIDE ... $52 ahead!