A possibile Sharp Fall!! - Bearish Butterfly & Broadening Wedge

١٢ نوفمبر ٢٠٢٠

Expecting USOIL to go for a sharp correction.

Harmonics 4-point & 5-point pattern helped identify a Potential Trend Reversal Zone, where bullish movement may end & trend may reverse.

* Got a terminal candle confirmation in the PRZ.

* Also, in a broader view prices formed a Broadening Wedge Pattern (a-b-c-d-e wave structure) which might possibly be a B-wave in an A-B-C Correction Wave pattern.

٥ ديسمبر ٢٠٢٠

أغلقت الصفقة: تم الوصول لوقف الخسارة

Fell short of T1.
Followed the green line and took support along the Trendline

٥ ديسمبر ٢٠٢٠

ملاحظة

Price moved upside