SignalSwiss
Long

[WTI] POTENTIAL WAVE (V) IN DEVELOPMENT

FX:USOIL   CFDs on Crude Oil (WTI)
The trend has remained bullish on daily chart , and that means that WTI should be able to reach 68.5/70.50 area without triggering a pullback. From a technical point of view, the completion of wave (v) should trigger subsequent pullbacks, and most likely reversal patterns should also appear.

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Comment: Monitor PIVOT in daily closing
Comment:
Comment:
- We already have double tops
- Up-trend is broken
- Current momentum is just structure pullback:


+1 Reply
SignalSwiss truongdaiduy
@truongdaiduy, agree, but it's not impossible...

Reply
Looks like resistance was too strong, quite a fall
Reply
"Nice Post" --- "Thanks"
+1 Reply
One more new high very possible on daily chart. Swiss always be my light.
+1 Reply
You are the best man..thanks for sharing this wonderful chart and your analysis is spot on. lets hope this will play out well.
+1 Reply
@4XHunter, Thank you!! Have a nice week!!
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KingGoose SignalSwiss
@SignalSwiss, Hi.. what are your thoughts on oil now, since the latest drops?
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