VladimirRibakov

Oil Forecast

Short
TVC:USOIL   CFDs on WTI Crude Oil
D1 - No reversal signs.

H4 - We may now expect one more push lower until the price creates a bullish divergence. Currently there are no reversal signs here as well.

H1 - Triple wave down followed by double wave to the upside.

Price has currently broken below the most recent uptrend line, we may expect further continuation lower.
Comment:
This sell trade is moving perfectly as per the plan and is provided us excellent profits!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.