WTI OIL Higher Lows held. Strong rebound is expected.

22 thg 10, 2024

WTI Oil (USOIL) is about to complete an Inverse Head and Shoulders (IH&S) pattern whose Head was right above the Higher Lows trend-line.

An imminent break above the 4H MA50 (blue trend-line) will confirm the start of the new Bullish Leg towards the Resistance Zone. Our Target remains 78.50.

Notice how the 4H RSI has already broken above its Lower Highs trend-line, as it did on the September 09 break-out.

-------------------------------------------------------------------------------

** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **

-------------------------------------------------------------------------------

💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇