TradingView
andyduly
Apr 13, 2018 9:39 AM

Elliot Correction wave incoming Short

Crude Oil (WTI)FXCM

Description

4 hour MACD also starting to look bearish.
Comments
Jamal92
What about the Syria's situation. Did you not add that to your setup? as it could EASILY explode upside.
andyduly
@Jamal92, I believe if Russia does not interfere with the US (non verbaly) this will reach the 63$ level. But if Russia does interfere (non verbaly) than it could very well explode yes. But the chances of Russia doing that seems to be low.
Jamal92
@andyduly, Since Russians wasn't affected and the air strikes doing the same damage it did last year. I am comfortable a drop will happen. Hopefully all the way to $60
More