WTI OIL Set to rebound back to $84 based on this pattern

TVC:USOIL   CFDs on WTI Crude Oil
WTI Oil (USOIL) is repeating the September correction pattern, which made a September 26 Low and then rebounded aggressively. A common feature is the symmetrical Lower Lows on the 1D RSI sequences. If that rebounds here next week, we expect Oil to reach, first the top of the June Channel Down (blue circle) and if broken, then move at least to test the 1D MA50 (blue trend-line) into a diverging Channel (dashed lines).


** Please LIKE πŸ‘, SUBSCRIBE βœ…, SHARE πŸ™Œ and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. **


You may also TELL ME πŸ™‹β€β™€οΈπŸ™‹β€β™‚οΈ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! πŸ‘πŸŽ


πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡

πŸ‘‘Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)

πŸ’°Free Channel

πŸ”₯Trusted broker AMarkets:

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.