SHORT WTI CRUDE OIL #3: The Finale
My fellow bears and superbears, the time has come to short WTI crude oil and capitulate all the bulls.
The last Fib extension cycle points to a drop to at least $42, and if the bearish momentum maintained, we could see 37.53 by the month's end.
As a perma bear I hate to say this but I must warn you all that if we fail to breach the triangle within this cycle, the chances of a bullish run will dramatically increase.
Set the stop loss to 2% (slightly above the last cycle for confirmation) and ride the collpase of black gold.
Good luck.
The last Fib extension cycle points to a drop to at least $42, and if the bearish momentum maintained, we could see 37.53 by the month's end.
As a perma bear I hate to say this but I must warn you all that if we fail to breach the triangle within this cycle, the chances of a bullish run will dramatically increase.
Set the stop loss to 2% (slightly above the last cycle for confirmation) and ride the collpase of black gold.
Good luck.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.