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$OIL has produced multiple bullish structures.
Light Crude Oil Futures
Long
$OIL has produced multiple bullish structures.
By CHTradingGroup
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Sep 15, 2021
2
Sep 15, 2021
OIL
has produced multiple bullish structures.
1. Bull flag (green)
2. Inverse head and shoulders (red)
3. And a probe above a multi-year channel is at hand (orange)
The inverse measured move is noted, though I expect it will ultimately go higher than that.
Chart Patterns
Crude Oil Futures WTI (CL1!)
Oil
CHTradingGroup
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