TyClow

WTICRUDE - Possibly a big rally incoming?

Long
NYMEX:CL1!   Light Crude Oil Futures
Crude Oil has suffered many losses the past two years, and I wonder.. will is be able to recover?

Well let's see, on the weekly chart ive drawn out a weekly Bat pattern in harmonics.

Price has rallied and created strong support around target area 1.

First push we may see to the 60-70$ area.

I think the second rally will bring us much more closer to the 70-80$ range.

What are your thoughts?
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