gcplau

Crude Oil, Consolidation, Short Opportunity Near

Short
gcplau Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
As Elliot Wave pointing $49.77 which is close to near structure resistance;
watch for Price Action to confirm short Entry.
So far, high level distribution noticed and RSI weakening
Comment:
Bullish consolidation in high area suggesting uptrend not finished; patiently waiting for another zone of price action signal likely $50~52.

Pending short.
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