#Recession is here, Markets are bleeding.
Crude #Oil is the kicker.
I shorted
USOIL on Friday.
Hunting on this trade for a while now.
Very #Bearish outlook on #WTI.
OIL Weekly
#FundamentalAnalysis
- #OPEC+ Output Hike (411K bpd)
- #Trump #Tariffs & #TradeWar
I'm looking at a #CrudeOIL #MarketCrash, similar to the #Covid era, whenCL1! went in minus on #Nymex #Futures.
#TradingOILUSD via CFDs with #Leverage.
Executed my #Sell Position on #WTI at $64.
* DYOR before, it's not a financial advice, I just share.
#TechnicalAnalysis
- #ElliottWave Impulse Cycle a (white)
- #Correction in Primary ABC (red)
- #LeadingDiagonal in Primary A (red)
- #Descending Triangle in Primary B (red)
#Bearish Primary C (red) has started.
#Break-out below the Triangle Flat Line.
Important Note:
The #Bearish #Impulse will continue lower.
After the short-lived pull-back, Sellers will dominate.
$63-64 Range is the Entry.
OIL Daily
USOIL #Short #TradeSignal
- Entry @ $63-64 Range
- SL @ $73
- TP1 @ $40
- TP2 @ $30
- TP3 @ $20
Richard (Wave Jedi)
Crude #Oil is the kicker.
I shorted
USOIL on Friday.Hunting on this trade for a while now.
Very #Bearish outlook on #WTI.
OIL Weekly#FundamentalAnalysis
- #OPEC+ Output Hike (411K bpd)
- #Trump #Tariffs & #TradeWar
I'm looking at a #CrudeOIL #MarketCrash, similar to the #Covid era, when
CL1! went in minus on #Nymex #Futures.
#Trading
OILUSD via CFDs with #Leverage.Executed my #Sell Position on #WTI at $64.
* DYOR before, it's not a financial advice, I just share.
#TechnicalAnalysis
- #ElliottWave Impulse Cycle a (white)
- #Correction in Primary ABC (red)
- #LeadingDiagonal in Primary A (red)
- #Descending Triangle in Primary B (red)
Why will
#Bearish Primary C (red) has started.
#Break-out below the Triangle Flat Line.
Important Note:
The #Bearish #Impulse will continue lower.
After the short-lived pull-back, Sellers will dominate.
$63-64 Range is the Entry.
OIL DailyUSOIL #Short #TradeSignal- Entry @ $63-64 Range
- SL @ $73
- TP1 @ $40
- TP2 @ $30
- TP3 @ $20
Stay in the green and many pips ahead!
Richard (Wave Jedi)
Trade active
Entered on Friday at $64.Looking to add #Shorts on
USOIL on Retracements.Note
Added another short @ $63.Note
Added short at $61.5.* ignore the Racoon, my son put it there..
Note
Waiting for OIL to drop like a Meme Coin.Note
Something coming in this week for WTI
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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.
Related publications
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.