CFDs on Crude Oil (WTI)
Long
Updated

Crude oil

2 636
USOIL break up down trend line (white color)

We tested long term support line
snapshot

Reversal pattern - double bottom
Also I see potential pattern inverted head and shoulders, and now we forming right shoulder.

If we break out MA200 in H4 chart we can reached 38.2% level fibonacci - 55$

But my long term vision of oil
Why  Crude oil will go to $ 20 per barrel (Cycles)


Best regards EXCAVO
Note
Crude oil
Note
Why  Crude oil will go to $ 20 per barrel (Cycles)
Trade closed: target reached

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