CFDs on WTI Crude OilUpdated USOIL
USOIL Seems to have a harmonic pattern on the daily timeframe. We can also see we have a developing divergence with the RVI struggling to make a new low despite oil price falling rapidly. 81.64 Seems most probable in this circumstance.
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Note
Very strong price movement, great trade so far.
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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.