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WTI OIL Buy Signal

Long
Crude Oil Futures (Aug 2020) (NYMEX:CLQ2020)  
TradingShot  
NYMEX:CLQ2020   Crude Oil Futures (Aug 2020)
Trend Analysis Harmonic Patterns Chart Patterns Oil wtioil signals oilsignals oilfutures CLQ2020 Energy Commodities Commodities commoditysignals
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trendanalysis harmonicpatterns chartpattern oil wtioil signals oilsignals oilfutures clq2020 energy commodities commoditysignals
Pattern: Channel Up on 4H.

Signal: Bullish as a bottoming fractal has been formed after the price bounced near the Higher Lows trend-line since May 27 and the RSI bounced near the Lower Low trend-line of its Channel Down.

Target: 42.00 (just below the Higher High of the Channel Up).


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