CRUDE OIL ALL PERSPECTIVE OF CHART
Updated
Currently, all the movements I look at and position myself differently. It is important to show yourself all the possibilities and get rid of your emotions
if I see that the ABC correction is (LONG), it can easily lead to scam wick, which is also not excluded(SETUP-LONG) + Head and Shoulders Pattern(SETUP-LONG). Also, this could be an even bigger drop(Biggest leg down), which is my last option due to the economic situation
Acceptance below 200 and 50 Weekly Moving Average(SETUP-SHORT)
if I see that the ABC correction is (LONG), it can easily lead to scam wick, which is also not excluded(SETUP-LONG) + Head and Shoulders Pattern(SETUP-LONG). Also, this could be an even bigger drop(Biggest leg down), which is my last option due to the economic situation
Acceptance below 200 and 50 Weekly Moving Average(SETUP-SHORT)
Comment
Used retest on this update. Now we are looking to try to catch below and if that price comes, we are probably on the third longest downward wave. I will enter and exit quickly as in the picture because I expect another lower low
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