Crude oil - buy grey Gartely, sell blue Gartely

FX:USOIL   CFDs on Crude Oil (WTI)
Here we have a Gartely pattern (shaded grey) that suggests a mid-term rebound. From the blue Gartely pattern, we can expect this rebound to last into the $36/37 region, where we can then short the market due to this bearish pattern .

The oil             market is in quite a confused state at the moment. Supply and demand dynamics suggest no return to a bullish market any time soon, however we are beginning to see a major consolidation, supported by that fact that any major additions to the oil             glut could already be priced in. The average price for crude oil             is also expected to be in the $40 to $50 region. For this reason I expect more consolidation, which is why a bullish Gartely leading straight into a bearish Gartely is completely reasonable.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out