USOIL LONG OPPORTUNITY

10 thg 12, 2017

Look left, structure leaves clues, USOIL has been making higher highs and higher lows, with equal measured harmonic moves to the upside. Most recently created a higher high, and bounced off support for a higher low. I observe an inverted head and shoulder pattern, opportunity to ride to the upside or to retest structure highs, with higher TP at peak of harmonic measured move.