olly_price
Short

Crude oil, time for a pull back? bat pattern

FX:UKOIL   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.
lewglasgow PRO
8 months ago
Links up nicely with my analysis!

Crude Oil - Bullish 5-0
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olly_price lewglasgow
8 months ago
Awesome mate, always good to see!
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