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Oil completed an AB=CD harmonic pattern at PRZ (Counter trend! )

Short
CFDs sur Pétrole brut (WTI) (FX:USOIL)  
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FX:USOIL   CFDs sur Pétrole brut (WTI)
Trend Analysis Harmonic Patterns
18
4
trendanalysis harmonicpatterns
Oil just completed an AB=CD move at a very important PRZ. WE do have bearish divergence on the RSI already and i am expecting a possible reversal at this level. Look for clear bearish evidence since it is a counter trend trade
Commentaire:
Strong rejection and bearish divergence on 1H!

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Commentaire:
Idea still valid but no good signal yet, Oil inventory tomorrow!

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Commentaire:
Looking good if this daily candle close like this, then we may get much more down on this trade!

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Commentaire:
If this last lower high got confirmed then we still looking good here.

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Commentaire:
Oil broke new highs as oil rigs count continue to decline.
Ida invalidated.

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