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Nov 18, 2018 6:06 AM

CRUDEOIL | Expecting Retracement/Reversal Long

WTI CRUDE OILTVC

Description

Here's #USOIL #CRUDEOIL #monthly #chart posted earlier. It has now broken the lower #trendline thats $20 ride from $76. We are expecting it to respect the $54-55 band. it might bounce back from here. This level is 61% fibo of previous swing, retest of previous swing high. #monthly close below it will take it to $45/$33, for now $54-55 band important.
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