Crude Oil WTI Bearish 3rd wave
Updated
Crude Oil WTI daily time frame.
Looks to be in the process of a 3rd Elltiot
wave.
Stoch Rsi shows selling pressure and
DMI a strong bearish trend. Price also broke
through the 72 EMA. 3rd wave should beat
the low of wave 1. Meaning WTI might break 47.80.
Crude Oil WTI is a strong sell.
Looks to be in the process of a 3rd Elltiot
wave.
Stoch Rsi shows selling pressure and
DMI a strong bearish trend. Price also broke
through the 72 EMA. 3rd wave should beat
the low of wave 1. Meaning WTI might break 47.80.
Crude Oil WTI is a strong sell.
Note
Seems like TradingView moved the chart back to the right again when I published this idea. Because of this the Elliot Wave count isnt visible anymore.Note
I just booked my profit at 49.68 to relax and enjoy the weekend.If you wanna hold it till a possible 48 then place a stoploss at 50.20
to protect a part of your profit.
Trade closed: target reached
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