goodguy

Current view of crude oil (2 hour log chart)

FX:USOIL   CFDs on Crude Oil (WTI)
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My previous view was that "b' was a contracting triangle was stopped out quickly after my last posting on crude oil for a small loss. Here is my current view that likely the b wave correction will likely be a up to .84 reversal of "a". So I am waiting for the down the current down trend line to be broken to go long again with the stop just below the near term low at that time. Take care. Have a great week. Goodguy.
I am Expecting $54 on the Charts in really Short term.
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