WaveTrends

USOIL (I think the sell will continue)

Short
TVC:USOIL   CFDs on WTI Crude Oil
Based upon the guppy moving average system (Which is not absolutely perfect) price has reached the tip top of the downtrend.

This is a down trend and we just had a swing high.
I believe the swing high is nearly finished and I'm looking for a new swing low on the daily time frame.
The trade will take more than 1 week to complete.

I wanted to post some ideas that look more clear on the daily time frame instead of hour 4.
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