Daily_Price_Action

US OIL BREAKDOWN ANALYSIS

Long
TVC:USOIL   CFDs on WTI Crude Oil
US OIL BREAKDOWN ANALYSIS(HARMONIC ANALYSIS)
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A potential harmonic bat pattern is forming on WTI.

what I like about this pattern is that its D point is lying perfectly on the current structure low = strong support.

our buy zone is between 19.2 - 20.3

from this area, we will expect a pullback to at least 23.0 / 25.3 levels

safest stop: 18.15

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