Oil's Potential Bullish Bat

FX:USOIL   CFDs on Crude Oil (WTI)
77 1 3
No one knows for sure where oil             will turn and this chart doesn't claim to know either. We won't know till we start seeing some bullish candles appear on the chart. But with that said, this chart, like so many others, is looking for that turning point. What is shaping up on this monthly chart is a Hybrid bullish bat/alt bat pattern . Not a true bat or alt bat , but something of a mix of the two. To me, a bat is a bat and that is what i think we have here. The price of oil             has finally reached where this batty cycle started and perhaps, this is where we will see a new one begin.
Upon further review, I am of the opinion this is a Bullish Alternate Bat pattern.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out