Crude Oil is left with some more beating
Trade Plan 1
Short sell for immediate target of $21.76
Continuing its downward move which should conclude near $21.76 if EOW ((C))
Trade Plan 2(will be active only after trade plan 1 reached target)
Short sell for deeper target of $9.83
EOW 3 of Y around same level of $9.83 of cycle wave
We can see sharp...
We may get a double top before falling down bcos there will be a pullback to liquidate bearish momentum.
Downside target 53.23 and 52.
1. Rsi fourth consecutive touch on the upper trendline suggesting a downfall.
2. price confirmation at 57.13 three falling methods and touched the upper trendline.
3. price reached at 0.618 and 0.50 fib level....