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Bandarsq

Oil is About to Reverse

Short
CFDs on Crude Oil (WTI) (FX:USOIL)  
Bandarsq Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
Oil Crude Oil WTI crude Crude Oil Crude Oil Brent Gold XAUUSD DXY USD USD (US Dollar) SPX (S&P 500 Index) S&P 500 (SPX500) EURUSD
97
44
oil usoil crude crudeoil ukoil gold xauusd dxy usd usd-us-dollar spx spx500 eurusd
USOIL is at the end of its first wave, Leading Diagonal, and targets 38.
Comment:
Sell Signal will trigger once the lower trend of the rising wedge gets broken.
Comment:
I expect the wedge to break down any time soon. Good Luck!
snapshot
Comment:
Uptrend broken.
snapshot
Comment:
USOIL is in wave E of X.
snapshot
Comment:
Time to approach B target.
Comment:
This weekly candle has a lot to say ;)
snapshot
Comment:
Line Daily Chart. Broken uptrend.
snapshot
Comment:
Approaching target.
Comment:
Allow it to go lower this week.
snapshot
Comment:
Heading toward target.
Trade closed: target reached:
Oil might go lower but this level is good enough.
It's never been a free market and will never be.

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