USOIL - TREND REVERSAL AHEAD !

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First target $62 on the long way to $52 !

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ملاحظة

First station reached on the long way DOWN to $52!
Don't catch a "FALLING KNIFE"! ;-)

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ملاحظة

Looks like another setup to $61.50 is in progress?

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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!