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Anbat
May 16, 2018 12:12 PM

CL/Oil - I See Bearish Oil Back To $60, Then Back Up Short

Crude Oil FuturesNYMEX

Description

Next few months, I do not see Oil going pass $72 a barrel, in fact see oil going back down to $60. A lot of geopolitical pyschology is in oil, which appears to be subsiding at this time. Noted on chart a Cyhpher Pattern and being over bought at this time. Noted on chart is where C to D leg of bullish trading chypher pattern and where price action will retrace too, per harmonic pattern.


Comments
darthsaini
Going by fundamentals, oil prices will touch 80$ soon
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