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wayusa
Jun 22, 2017 9:35 AM

Crude reversal Long

Crude Oil Futures (Dec 2017)NYMEX

Description

Crude may bounce if a probe below yesterday's low will fail to follow through

Bullish Butterfly Pattern in December Crude contract:
  • 1.27*XA @ 42.85
  • 2*BC Projection @ 42.90
  • 1.27*AB=CD @ 42.98


<- Structure on the left

Primary targets @ 48.83 & 52.50
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