WTI Crude (OIL) / US Dollar
Long
Mis à jour

Simple chart analysis for OIL

105
Two E.Wave finished on the uptrend side. ABC finished. Smaller uptrend is forming, similar to eurusd structure. Wating for second ABC finish chart pattern.
  • I put fibonacci on E.W. 0 to 2 peak and chart reachs 300% or higher. Since structure is similar, even if it's small, it should be fine to say it will go up to reach 300% or higher.


Note: Whales will get short now, so it will be safer to go bullish and risk it.
Ordre annulé
snapshot
Transaction en cours
snapshot

*First setup plan was perfect predicted. I apoligize for the comment I writed down.

*Chart is going bearish for volume correction but on oil it can't be identified where will end the correction.
*It's a risky trade but for now it is good.
Note
Oh,the C doesn't belong there, sorry. A to B is in process.
Transaction en cours
snapshot

Trade can be cancelled.

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