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ryanman0

Crude just above critical support with cup handle or invert H&S

CFDs on Crude Oil (WTI) (FX:USOIL)  
ryanman0  
FX:USOIL   CFDs on Crude Oil (WTI)
Trend Analysis Chart Patterns
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trendanalysis chartpattern
Oil Just above resistance. However, the volume is not there. Bullish chart patterns (cup handle or inverted Head and Shoulders) somewhat present. Bullish long term if volume picks up and this break holds. If there is further weakness in the dollar, that might help also. Could also bounce off Fib and continue down. Watching this level.
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