USOIL - Three Drives Pattern potential, Back to $44 and maybe 38

I believe USOIL is going back to $44 and then to $38 is very possible by sometime in July to August. Just an idea.

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Moving down like it should. Was hoping it would go slowly. Was going to buy another leg down. Need to wait for another pullback

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Here is the current channel blown-up compared to my chart

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Looks like one more leg down and then watch for reversal

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Leg down continued to bottom of the trend. Nice move if you are still holding from around $50

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updated channel chart

İşlem kapandı: hedefe ulaştı

T1 reached, $44, now we watch and see if it continues trend or works it's way back up following the trend to the upside

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Updated chart, added some more information

psulion08

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.

psulion08