ICFX

Crude oil projection

Long
TVC:USOIL   CFDs on WTI Crude Oil
It seems we are going to have some steep runs...I project a steep run to 84 dollars per barrel, then a drop to retest head and shoulders neckline (as it did so in the past pattern), second run up to the fib circle and Gann angle. And then a fast drop to 30 dollars per barrel (trendline) down through the neckline. Many clues have been drawn from the past pattern behaviour. I locked the scale, as its important all the drawing tools and lines stay in the same place. You can move the chart around though.

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