US OIL Is Going To DUMP HARD - 40 USD?
We have a ABCDE wedge ongoing. Currently we seem to be at the ending of wave (E)
We already developed 5 waves up to the upside of (E), and we seem to be at the end of this extension.
I dont have a specific target yet, but i will update this idea, if this goes as expected.
I would short anywhere in the red box.
We already developed 5 waves up to the upside of (E), and we seem to be at the end of this extension.
I dont have a specific target yet, but i will update this idea, if this goes as expected.
I would short anywhere in the red box.
Note
We are gonna keep climbing higher abit, 61,5 Inc. Note
OIL is at my short Target now. A short here would be good. Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.