Erhan Eker
Short

Crude Oil HEW Update

FX:USOIL   Crude Oil (WTI)
48 0 0
Down breakout confirmed bearish scenario where we are looking for last leg which will form Wave (v). Two price levels are favors from fibo extensions;
1st: 88.41/43 -> 50% extension of Wave ( iii             ) and 223.8% extension of Wave (a) of Wave (v)
2nd: 87.14/24 -> 58.6% ext of Wave ( iii             ) and 261.8% ext of Wave (a) of Wave (v)

After I expect to go up
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