ptschofield97

$WTI Bearish Wolfe Wave?

ptschofield97 Updated   
NYSE:WTI   W&T Offshore, Inc.
It seems like we may be in a bearish Wolfe Wave pattern here for the time being, I don't think the bullish pattern fits because our wave 3 is higher than our wave 1. Short term we could see a PT of up to 5.50 before a pullback to sub $3 but with the fib resistance at 5.06 we may see the pattern begin a turn-around there. Lets see!

Comment:
May have hit wave 5 on the Fibb resistance @ 5.06 here, close term PT of 3.97 if we dont see correction at 4.42
Comment:
they hated him, because he told them the truth
Comment:
resistance found at 3.54 lowest fibb retrace complete. Waiting for buy or sell signal.

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