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AlexHorn

WTI about to take a quick breather - let's play the correction!

Short
West Texas Oil (OANDA:WTICOUSD)  
AlexHorn Updated   
OANDA:WTICOUSD   West Texas Oil
Trend Analysis Chart Patterns Technical Indicators WTI Oil short correction
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trendanalysis chartpattern indicator wti oil short correction
After rallying strong off the DEC '18 lows -which elevated WTI more than 40%!- and as prices gradually approach the 50 Fib level of the whole gargantuan sell-off move dating back to the last October high all through December of 2018 and with the RSI already in overbought territory, I assume it is now time for some rather prolonged rectracement/correction... possible entry-levels given on the chart...

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