CRUDE OIL (WTI) CORRECTION IS OVER?!

Short

CFDs on Crude Oil (WTI) (FX:USOIL)

Updated

FX:USOIL CFDs on Crude Oil (WTI)

Trend Analysis Wave Analysis Chart Patterns futures options crude Crude Oil Oil Crude Oil Futures WTI (CL1!) WTI brent

trendanalysis waveanalysis chartpattern futures options crude crudeoil oil cl1! wti brent

snapshot

bears are back.

after two pullbacks from 49.5 level it looks like bears are willing to go lower.

wait for a bearish breakout of a current market low and sell the market on a pullback if you still do not have a selling position!

next goal for sellers is 47.0 level.

good luck!

Comment:

Nice drop!
profits protected!

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