USOIL - Possible Cup and Handle Pattern

Aktualisiert
USOIL chart almost similar to GBPJPY Cup & Handle that already successful. I want want to wait for breakout before making entry. I normally refer to H4 for entry setup. Hope can make another profit with this pattern on USOIL.
Short term target at 51.75
Mid term target at 55.00
H4 chart :-
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Anmerkung
USOIL is moving according to prediction. Happy trading.

Snapshot
Trade geschlossen: Ziel wurde erreicht
All targets reached. Simple trading strategy works successfully.
Anmerkung
Just reviewing the study on the strategy.
Current price reached highest level of target box.
Thanks.
Snapshot
Chart PatternsFibonacciTrend Analysis

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