Olu
Short

Crude Oil: I am Looking For Some Downside

TVC:USOIL   WTI Crude Oil
194 4 10
Comments on the chart
Comment: price reversed yesterday's upmove. So idea is still in play
Comment: Strong upmove in price after opec's agreement to cut production has killed this idea. I am still bearish crude oil as I think the agreement will fail but this idea as it stands has died
Your ABC pattern is broken
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Olu GoGreen
Hi GoGreen

Which one are you referring to. The cyan one or the black one?
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@Olu, sir I am referring to black one
Reply
Olu GoGreen
Hi GoGreen what I was proposing was a massive abc elliott wave retracement whose b wave is composed of another abc correction (the inner one). it is still in play imho
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