Ape
Short

Sell Crude

NYMEX:CL1!   LIGHT CRUDE OIL FUTURES
In my elliot wave analysis of crude oil             , I believe there is a great risk reward trade here to the downs side. After making 5 waves down, I believe oil             may have just completed an expanded flat for the 2nd wave. This sets up a trade that should be strong in a third wave down. The initial target is a fibonacci ratio of 1.618 of wave I. A more accurate target can be calculated as this move develops.

AMBRISH
9 months ago
You have posted your view on crude after a long gap.
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Ape AMBRISH
9 months ago
Yes, I did not feel there was a large demand for my view on crude, but I thought this was too good of an oppurtunity to not share with the community :) If there were more demand, I'd be happy to share my thoughts
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AMBRISH Ape
9 months ago
Good , Thanks
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