USOIL Ready To Go Up ,Pattern Confirmed, Ready For 300 Pips ?

Here is my 4H Chart On USOIL, The price creating a very clear reversal pattern ( Double Bottom ) and the price made a very good bullish price action now And the price confirmed the pattern by closing above the neckline. so we can enter a buy trade now or wait when the price go back to retest the broken neckline to can use a small stop loss ,or i prefer to enter now cuz we have a very good bullish candle confirmed the pattern but also if we have a retest for the broken neckline to give me more confirmation we can add more entry and we can use decent stop loss , and we can targeting from 200 to 300 Pips with a decent stop loss . if we have a daily closure below our neckline then this idea will not be valid anymore .

Reasons To Enter :

1- Clear Reversal Pattern
2- Clear Bullish Price Action .
3- Bigger T.F Giving Good Bullish P.A .
4- Breakout Confirmed.
5- Pattern Confirmed .

Note

The Price Respect Our Buy Area And Moved +240 Pips

Trade fermée: cible de profit atteinte

The Price Respect Our Buy Area And Reach The Target , Almost +500 Pips

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