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art_fxtrader
Apr 9, 2019 6:34 AM

US OIL HUGE Short is coming! Short

WTI CRUDE OILTVC

Description

So we're currently in a huge downtrend om monthly chart.
Before we saw the impulsive downside movement from $76 to $42.
-Now we're testing $64 resistance zone, which is also 61.8 FIBO level from previous downside movement.
-So the structure is simple and clear here. Will be waiting for the continuation of that big moment up to $51-52, and $42 after that. And we might eventually see even $28.
Comments
MANOLIS
We might see even zero dollars.!
:=)

goathanger
Huge downtrend on monthly chart????
kweiss
What are you current views on crude?
kweiss
Looks like this came true :) Nice going!
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