TradingView
SolomonsView
Nov 13, 2020 9:39 AM

#OIL #CRUDEOIL Corrective may be complete Short

Crude Oil FuturesMCX

Description

The previous suggested trade triggered the Stop. The subsequent action still fits into a correction and so we should still look forward to strong action to the downside. This will be a final wave down and is usually sharp. Look for a move that should take the issue down by about 20%. The earlier projections will now change as this now looks like a Flat correction and may not head down to the previous targets. New targets are still way down

Trade closed manually

Entry 3033
Exit at current price 3133
More