February Crude Oil Trading Thread

Closed the rest of my short when we went below $60.80. The long side now looks favourable. We could have a turning point here, roughly in the area of an AB = CD completion & the .618 retracement from XA. It ain't tick-perfect, but it's definitely a bullish pattern.

If we go lower from here i'd be looking for support around $59.49 - if that doesn't hold I'd be more interested in playing the short side.

I'm long. Here's the chart: