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Light Crude Oil Futures
Long

Looking for a bounce in Crude Oil

130
Monster sell off in crude #oil, but we are coming into support at 59.50-60.00: horizontal, rising channel support & backtest of falling trend from Oct '18. RSI on 1 hr oversold & RSI on Daily hit rising trend. Not a bad area to look for a bounce w/ tight stop ~59. WTI USO CL
FibLines
Chart PatternsCrude Oil Futures WTI (CL1!)OilTrend AnalysisUSOCrude Oil WTIWTI

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Chart PatternsCrude Oil Futures WTI (CL1!)OilTrend AnalysisUSOCrude Oil WTIWTI
FibLines

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.