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FxWirePro- Woodies pivot (Major) 
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- Harmonic pattern – Bearish AB=CD.
- US Oil was trading higher for the past ten days from the low of $43.69 made on Jul 10th 2017. It has made a high of $47.71 and declining sharply from that level. It is currently trading around $46.47.
- Any major bullishness can be seen only above $47.71. Any break above will take the oil till $48.66/$50.
- On the lower side, near term support is around $46.35 (23.6% retracement of $42.03 and $47.77) and any break below will drag the commodity till $44.97/$43.69 (Jul 10th 2017 low).
It is good to sell on rallies around $46.65-$46.75 with SL around $47.80 for the TP of $43.69.
