Trading_Off_The_Charts

oil short preview week april 24

Short
TVC:USOIL   CFDs on WTI Crude Oil
stop loss 68.66 looking like a failed cup/handle w/ a bearish c wave. target .382 fib
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more volatility
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crazy buying into a 5th wave of a rising wedge at that
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feel free to double check the wave count
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that famous turkey/bird pattern
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re short on double top bearish bat pattern waiting confirmation break of b leg on volume
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my short term view short the handle
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may 30th update view of oil
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the exact sane pattern from last Monday was ran. They are run stops back up from the lows to the top to chase short stops.
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continue to hold my short dwt
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process make traders weary all over
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keep an eye on $DWT
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18 ema on 18min tf
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