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

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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
Nota
Strong rejection and bearish divergence on 1H!

istantanea
Nota
Idea still valid but no good signal yet, Oil inventory tomorrow!

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

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

istantanea
Nota
Oil broke new highs as oil rigs count continue to decline.
Ida invalidated.

istantanea
Harmonic PatternsTrend Analysis

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