WTI CRUDE OIL - 2 months setup, huge long opportunities.

4 בינו׳ 2019

If we looking only pure chart and patterns, we see that possible reversed HS-Pattern forming. 2018 was major oil selloff but now we see quite good divergent on daily chart and that's mean possible huge moves upside. Waiting for big bullish candle close above Monthly pivot what should confirm to looking long position. Lower bounce was previous low from 2016 where OIL start buys rally.