WTI Update

356
Oil has been a tough one. No clear patterns makes me keep the idea that we are in wxy double zigzag formation.

I think we need to retest this huge Order Block area indicated in green box.

A possible way to label it is to expect that (x) will be an expanded ABC flat with A being a combination. Not my ideal choice but do not have a better count now.

The red case is my nightmare as I am heavily short and need to exit positions.

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.