LukeSkywalker

US OIL Is Going To DUMP HARD - 40 USD?

Short
LukeSkywalker Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
We have a ABCDE wedge ongoing. Currently we seem to be at the ending of wave (E)

We already developed 5 waves up to the upside of (E), and we seem to be at the end of this extension.

I dont have a specific target yet, but i will update this idea, if this goes as expected.

I would short anywhere in the red box.
Comment:
We are gonna keep climbing higher abit, 61,5 Inc.

Comment:
OIL is at my short Target now. A short here would be good.

Trade closed: target reached

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