- Harmonic pattern formed – Bearish Butterfly pattern
- Potential reversal Zone (PRZ) - $53.35 (161.8% retracement of $50.40 and $45.84).
- WTI crude oil has shown a good jump after breaking high of $51.09 made on Sep 20th 2017 and jumped till $52.40. It is currently trading around $51.97.
- The commodity has formed bearish Butterfly pattern and potential reversal zone is around $53.35. Any violation above that level confirms bullish continuation. The near term resistance is around $52.40.
- On the lower side, major near term support is around $51.23 (4H Kijun-Sen) and any break below will drag the commodity down till $50.85 (20- 4H MA)/$50/$48.97 (50% retracement of $45.57 and $52.41).
It is good to sell on rallies around $52.25-30 with SL around $53.35 for the TP of $50.90/$50.


Euro Stabilizes Near 1.1713 as IFO Weakness Meets Oil Volatility; 1.1800 in Focus
ETHUSD Dips to 2285 Then Rebounds on $150–$200M ETF Inflows and Altcoin Upside
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/AUD edges higher but bearish outlook persists
FxWirePro: EUR/ NZD recovers some ground but bears are not done yet
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD tight ranges prevail as market waits for fresh catalyst
FxWirePro: USD/ZAR gains upside momentum as bulls take charge
FxWirePro: AUD/USD nurses losses in subdued trading
FxWirePro: GBP/USD falls as fragile ceasefire keeps investors on edge
FxWirePro- Major Crypto levels and bias summary
GBPJPY Rises on Solid UK Data: Dip-Buy Setup at 214.6 Eyes 217
FxWirePro: GBP/NZD continues to recovers , upside pressure builds
FxWirePro: NZD/USD edges lower as Geopolitical risks keep risk sentiment fragile
FxWirePro: GBP/NZD downtrend loses momentum but bearish setup remains
AUDJPY Dip-Buy Setup: 113.58 Entry Aims for 115 



