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USOIL: Weekly technical analysis UPDATE

Long
CFDs on WTI Crude Oil (TVC:USOIL)  
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TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Chart Patterns Wave Analysis
3
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trendanalysis chartpattern waveanalysis
After our successful short trade on the 17 Oct (clearing +5.5% unlevered), we have identified a critical area of support which we anticipate a bullish reversal leg from.

- 66.75 support zone
- June 2017 bullish trend line support
- 64 - 66 zone has been a critical reversal area over the past 4 months on both sides
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