BerlinFX

Crude Oil Bearish Bat

Short
TVC:USOIL   CFDs on WTI Crude Oil
Probable reversal zone below 51.00 at a potential Bearish Bat D leg completion, weekly horizontal resistance dating back to 2007 and minor decending trendline resistance. The area is also close to the 50.00 psychological level.
Disclaimer

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.