Olu
Short

Crude Oil: I am Looking For Some Downside

TVC:USOIL   Crude Oil (WTI)
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
Reply
Olu GoGreen
Hi GoGreen

Which one are you referring to. The cyan one or the black one?
Reply
@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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