Bearish Completion of Bullish Bat & Bullish AB-CD Patterns

I am short until the point of both harmonic patterns indicate .
Strong resistance at 54.15 , down from here 52.00 is nice support .
In order to complete both bullish patterns, it must be down till 47.00
After that support it will start Bullish Rally

Kommentera:

Crude oil price will change action back to bullish at 46.25 . It would reverse back up above 55.15 .
After recovery, Crude oil price seems more possibly to stay above 55 for a few months.