AndyM

Crude: The grand finale

Short
FX:UKOIL   CFDs on Crude Oil (Brent)
Blue wave 4 looks completed, complex correction, nearly touched the top of w4, false breakthrough above upper channel line follower by a reversal to the downside.
The correction needs to be fully retraced, so we have a 35$ bearish move at hand.
This should happen together with the rest of the market: EUR down, SPX down, Bonds down, Crude down.
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.