$UWT

Updated
UWT looking like a double bottom for the crude oil futures. Hoping to see a big bounce next week.

Double bottom: A decrease of 10-20% from the top to the bottom and the second bottom occurs within 3-4% from the first bottom. RSI is also low and MACD looks to be trending up.
Trade closed: target reached
Chart PatternsDouble BottomfuturesTechnical IndicatorsOilUWT

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