Possible bounce back at USOIL (possible inverted H&S)
Entered 51.70
SL: 50.20
TP: 56.20
Previous TGT from Adam @ Eve Double top realised as well, now we can check back neck line of it (56.44)
tradingview.com/chart/USOIL/rvedcDTy-Adam-Eve-double-top-possible-pattern/.
If look at daily:
1. pinbar previous day
2. Daily RSI in oversell area and formed hidden bulish divergence
3. Correction levels for down move from 24.06 (50% 56.02 and 61.8% 57.30)
SL: 50.20
TP: 56.20
Previous TGT from Adam @ Eve Double top realised as well, now we can check back neck line of it (56.44)
tradingview.com/chart/USOIL/rvedcDTy-Adam-Eve-double-top-possible-pattern/.
If look at daily:
1. pinbar previous day
2. Daily RSI in oversell area and formed hidden bulish divergence
3. Correction levels for down move from 24.06 (50% 56.02 and 61.8% 57.30)
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