TradingView
UnknownUnicorn3382580
Dec 12, 2019 12:56 PM

WTI Oil - update Short

West Texas OilOANDA

Description

Another try to locate the end of the structure.
I went through the whole correction up to the current price level in detail. And came to a conclusion that two waves are still missing - current wave b and a final wave c of the last three-wave structure of a huge WXYXXZ (triple combination).

Also - -what is worth consideration: waves b of every a-b-c within this correction tend to give a deep pullback. May be, this will be the case here too.

So I am shorting this pair into a correction within a current structure, and aiming to sell higher in the future.

Good luck!
Comments
bonzaar
nice work
More