chuck.soros

Crude Oil (WTI) Potential Short

Short
FX:USOIL   CFDs on Crude Oil (WTI)
Potential bearish gartley idea in WTI if we reach point D.

AB=CD completion @ ~$50, 1.272AB=CD @ ~50.90, for valid gartley pattern.

Watch for confirmed reversal candles at the above D completion price points to consider short entry.

Important CAD data today may provide some early impetus for the CD leg or not - 31.07 CAD GDP

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