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UnknownUnicorn3827973

WHY SO MANY SHORTS

Long
CFDs on WTI Crude Oil (TVC:USOIL)  
UnknownUnicorn3827973 Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Chart Patterns Wave Analysis Crude Oil WTI WTI Oil CHK UWT DWT USO
4
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trendanalysis chartpattern waveanalysis usoil wti oil chk uwt dwt uso
I would love to ramble about geopolitics, but that aside, the real deal I see is bear overreacting party here.

Elliott wave approach:
ABC corrective wave is completed. It's time for a bull run.

Trend line approach:
3 times tested channels is having a fourth try.

Others:
Daily Exponential Moving Average +SMA 50/100/200 are showing 4 supports and 2 resistances.

Trade closed manually:
Busted pattern. For reasons I can come up,
Possible Demand worries/trade war concern and Russia production number ect.
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