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WTI (Crude Oil)

Oil Will Fall To $35 Per Barrel by EOYIn 2018 we had a drastic initial fall of oil from $77 per barrel to $42. We completed the .702 retrace back to $66.50 earlier this year and are now building a descending triangle for the next leg down. The initial target of the triangle is to $34.50. However, our final target is likely much lower... below $10. Here is my previous warning on oil that I published on October 22, 2018, titled: "USOIL is Still in Crashing Pattern Since 2008" In this idea I identified the exact bounce spot of oil, and I mentioned that we would need to wait for a setup to identify it's next move. Well, we have it. It retraced the fall, and built a descending triangle. It's going lower. Idea is invalidated if we break above $61. Good luck.
OANDA:WTICOUSDShort
by SecludedJ
WTICOUSD Previous Forecast Still IntactHello traders, The bigger 3 wave B structure in the middle is almost complete!! Look for the bigger up move first to break the trend line and then if we don’t get a sharp rejection we will look for a consolidation and another up move to break the 60.2 / 61.0 range in order to complete the huge flat pattern before we eventually head back down for the monster dump. I will post a long setup when I see a good opportunity! Check out some of my other ideas down below. If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below. Don’t forget to like & follow, I will be posting forecasts & trade setups on a regular basis! Thank you, Good luck
OANDA:WTICOUSDLong
by UnknownUnicorn852976
Oil PERFECT FORECAST Buy The BreakoutHello traders, We just made a strong impulse up exactly as predicted and now we are consolidating nicely without failure. Look for the next breakout and click BUY. Refer to my forecast that I made earlier to see what the bigger picture looks like. Check out some of my other ideas posted under 'related ideas' down below. If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below. Don’t forget to like & follow. I will be posting forecasts & trade setups on a regular basis! Thank you, Good luck
OANDA:WTICOUSDLong
by UnknownUnicorn852976
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