Niftymovers

US OIL ABCD Pattern

Long
TVC:USOIL   CFDs on WTI Crude Oil
It will be interesting to see how price behaves near $44/43. If it holds n tries to bounce back it will confirm ABCD pattern with the beginning of "D" wave. Target should be $50.80/ 53. Look for Doji or Bullish Engulfing candle before entering long or divergence in any Oscillators.

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