Bandarsq
Short

Oil is About to Reverse

FX:USOIL   Crude Oil (WTI)
USOIL             is at the end of its first wave, Leading Diagonal , and targets 38.
Comment: Sell Signal will trigger once the lower trend of the rising wedge gets broken.
Comment: I expect the wedge to break down any time soon. Good Luck!
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Comment: Uptrend broken.
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Comment: USOIL is in wave E of X.
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Comment: Time to approach B target.
Comment: This weekly candle has a lot to say ;)
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Comment: Line Daily Chart. Broken uptrend.
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Comment: Approaching target.
Comment: Allow it to go lower this week.
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Comment: Heading toward target.
Trade closed: target reached: Oil might go lower but this level is good enough.
Fantastic analysis!
We are almost there.
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Bandarsq PRO chartwatchers
Thanks buddy. Yes very close.
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what is your opnion on this count (alternative from yours):

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Possible if 42 holds.
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because of dxy here is expanding 1(a) 2(b)
And i think u d better to see brent (ukoil )
And accroding to us30 35 is perfect 0.618 and waves-4 (C-4-A-4)
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Bandarsq PRO LegendSum
nice chart.
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according to us30 i think 35 is better
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Bandarsq PRO LegendSum
Yes I agree 35 is the main support. In my trading strategy, I tend to exit a bit earlier.
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LegendSum Bandarsq
35 also is head line
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that weekend candle is the best ! ;)
+1 Reply
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