Crude Oil Futures (Sep 2016)
Actualizado

Where will oil go from the view of harmonic pattern?

398
Oil rallied from 26.05 to 51.64 for 119 days. Then it topped at June 8th and started the correction until now.
Oil mid-term top detected

Targets for USOIL correction

Where is the target for this correction?
A potential cypher and a bat pattern are forming. Target for this two harmonic pattern are extremely the same which forms a strong potential reversal zone at 40.2~40.8.

Pay attention to the decline channel and the red decline line.

Good luck for everyone!
Nota
Oil comes to the PRZ. Watch carefully what it will move following!
Operación activa
Opened a long position at 41.15.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.