TheDemonTrader

Monthly Wave Count For Crude Oil

Short
NYMEX:CL1!   Light Crude Oil Futures
I believed we are in wave 4. Wave 4 can be a double / triple tree. That means it is possible we are still in the subwave c of A. Soon, wave B will start. Bearish divergence at monthly, weekly and daily tf are so obvious. Be careful for those who are thinking that price will keep on going up until USD100. Anything is possible in this world but...let's be practical. :)
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