WTI (CRUDEOIL) – Under pressure!
Hello everyone,
I have to quote myself: “as you can read in my last analysis, I think that crudeoil is going down on the long run with a massive short opportunity. But before that happens, I see a good chance to trade WTI long into the bottom of wave 2. Be careful: there’s maybe space on the downside to complete wave 1 (blue box).”
Yes: I see much more downforce in the chart, as I thought it was, so be careful. It would not surprise me, if wave (1) ends in the region around $42/$40!
Don’t hesitate to contact me, if you have any questions or other ideas!
Take care
tgo
I have to quote myself: “as you can read in my last analysis, I think that crudeoil is going down on the long run with a massive short opportunity. But before that happens, I see a good chance to trade WTI long into the bottom of wave 2. Be careful: there’s maybe space on the downside to complete wave 1 (blue box).”
Yes: I see much more downforce in the chart, as I thought it was, so be careful. It would not surprise me, if wave (1) ends in the region around $42/$40!
Don’t hesitate to contact me, if you have any questions or other ideas!
Take care
tgo
HK-Capital-Management
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.