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Trendhopper
Sep 8, 2016 6:40 PM

USOIL...SHORT @ 48.30 TP 46.60..... Short

WTI CRUDE OILTVC

Description

Even us die hard bulls were questioning the validity of this elliotwave 5 wave sequence earlier in the week which gives USoil a potential butterfly pattern to 59 dollars , but now it has shown its true colours.

I will be looking at 48.30 as its key resistance for a short...and a potential retest of the 46.60 support....before it takes off again...
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