Hello there, just a quick review for WTI situation.
From a mid term perspective WTI looks topping out and forming double top with possible 5th wave extension in rising wedge to extend the forming bearish divergence extension as well.
I´m personally expecting a pull back in upcoming days but overally WTI from a long term looks very bullish. ( I will add in update why I think so)
------------- Disclaimer: I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
Comment
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Monthly is showing huge bullish divergence
Trade active
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Trade active
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End of W5 getting closer and extended bearish divergence is appearing. Adding on Shorts