Bearish Bat USOIL Short

WTI CRUDE OILTVC

Description

⋅ Oct 10, 2018 10:32 AM

Oil daily chart has completed a bearish bat harmonic pattern, indicating that the next wave down should push to previous support level of 66.89. Circled on the Stochastics is an overbought level that appears to be coming back down.

Harmonic Patterns

Comments

Aqua_Trader

⋅ Oct 12, 2018 6:29 AM

agree!! got a similar idea as well but looking towards $60