olly_price
Short

Crude oil, time for a pull back? bat pattern

FX:UKOIL   CFDs on Crude Oil (Brent)
This is a setup for a nearly formed bat pattern .

Given the recent surge in crude oil             , it is about time it had a pullback. I think we will continue to see further upward movement due to excitement leading into the OPEC and non-OPEC meeting but this will peter out, and hopefully that happens when this bat forms.

For this reason, the second target is much less realistic than the first.
Links up nicely with my analysis!

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olly_price LewisGlasgow
Awesome mate, always good to see!
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