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zcsniper
Jan 5, 2015 3:32 PM

abc correction pattern from 2009 Short

Crude Oil (WTI)FXCM

Description

Starting to see the same ABC correction for Oil back in 2009 happening again on the monthly for 2015. Starting to think we'll rebound around 35-40 as an ultimate bottom.

only long term, got no short term ideas on this one. plus all speculative.

Comment

Haven't looked at this in about a year, looking like it's a solid ABC correction pattern as I had imagined. we should see solid momentum if we ever see a breach around 64.71
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