the really interesting thing about oil is, that the prices seem to be alot more market driven than producer driven (more product than demand i know..)
so prices keep floating around, driven by the markets, hence patterns (if guessed right seem to work pretty fine), so here is my next guess: oil will go up once more before falling down to the low 40's or worse..
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.