FX:USOIL   Crude Oil (WTI)
711 7 22
think with me. uproom is over right??

1618             check
5 wave ending diag. check

following would be a big ass drop.
Comment: be careful. bullish div. watch close of daily candle.
Comment: wait for a break down. not shorting atm if you want to go in, not a good moment.
Comment: short update..

cadchf
Comment: sorry this:


snapshot
Comment: so no hs apparantly haha;D
Comment:
snapshot
Comment: close position

Related Ideas

where is our correction, god damn it! :)))
Reply
...so...we wanna se a correction back to 51.90 right? But if this is a corrective phase of A wave, we shoul se a pullback to 49.50-50.00 as a second wave of A...?
Reply
richard363 sketchmaster
hi, could be, but i dont expect that. see chart above:)
Reply
yeah I see, head and shoulders... :)
Reply
richard363 sketchmaster
nice reaction now:)
Reply
Yep, the Crude Oil Inventories came out in smaller negative...and actually, the 61.8 fibs are now at the same level as your right shoulder, so that might really be the right selling point...
Reply
richard363 sketchmaster
jep, certainly a potential entry level. With all that brexit shit going on, its better to focus a bit on the commodities:)
+1 Reply
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