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CFDs on WTI Crude Oil
Short
Updated

Crude Oil - The Sinking Titanic Pattern

930
Crude Oil (WTI) has broken through the support trendline.

Things are looking bearish, and I am expecting a major drop in Oil.
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Trade active
Preferably, a breach in an impulsive bearish move would start.

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However, if the C leg of (B) (red) comes, then it will provide a better entry.
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Getting ready for a very big drop on WTI.

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OIL shorters gathering ammo.

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Trade active
Bears chance here to crash WTI.

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Short OIL - BIG Swing - WHEN WTI LOST
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EW4X
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breakoutCommoditiesCrude OilcrudeoilforecastElliott WaveoiltradingOscillatorsTrend LinesTrend Line BreakWTIwtitrading

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breakoutCommoditiesCrude OilcrudeoilforecastElliott WaveoiltradingOscillatorsTrend LinesTrend Line BreakWTIwtitrading
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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.