USOIL SHORT AFTER BREAKOUT AND CLOSE
As you can see, price is retesting a weekly trend line with a 0.618 Fibonacci retracement.
A possible ABCD pattern is forming If we see a breakout and close below the 4h CTL shown above.
A possible ABCD pattern is forming If we see a breakout and close below the 4h CTL shown above.
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I took a little profit before price touched the stop loss at breakeven.
Anyway, I'm in good profit atm and I moved my SL to BE. Risk Free Trade!