Bullish Bat Bottom Fishing Falling Wedge

Can oil go much lower?
Upper trendline of FW is at 30.70
Long at entry level with an UPTREND
Possible T2/Long term/ 58.6 to 67
op 10 Holdings
XOM - Exxon Mobil Corp22.86%
CVX - Chevron Corp22.77%
COP - ConocoPhillips4.77%
KMI - Kinder Morgan Inc Class P4.58%
WMB - Williams Companies Inc4.55%
PSX - Phillips 664.32%
SLB - Schlumberger Ltd4.12%
EOG - EOG Resources Inc3.99%
MPC - Marathon Petroleum Corp3.64%
VLO - Valero Energy Corp3.37%
Not a recommendation