WTI CRUDE OIL Bottom is near. Start buying.

WTI Crude Oil is at the bottom of a Channel Down pattern.
Comparison with the November 22nd fractal shows there might be one last Low left but already the Risk/Reward is appealing going long.

Trading Plan:
1. Buy on the current market price.

Targets:
1. 72.00 (on Fibonacci 0.5 and Pivot 2).

Tips:
1. RSI (4h) is forming similar bottom pattern as November's.


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Chart PatternsCommoditiesCrude OilEnergy CommoditiesTechnical IndicatorsOilTrend AnalysisWTIwticrudeoil

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