Oil drop

Updated

uwt
Took a short position yesterday (3-21) based on this broadening pattern. It will probably spike up a few times but I suspect it's going down down

Note

turning point here?

Note

sold my short at break even, just took larger position short here 4/2. Oil looks like it's sticking its neck out here and I would advise caution if you're a buyer:

Note

TL 'fixed' a little here. I can't help but take that stoch/rsi seriously:

Note

Weekly chart on oil- Possible huge descending triangle where D is done.. The next fall going to bring those 27-30 low? at E? It is surely possible:

Note

Oh bravo oil.. bravo. You're still going down:

Note

fake out or real break out.. let's find out:

Note

?

Note

This has been retardedly bullish and I'm quite skeptical of more strength.

Note

gghsusa

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.