NastyBeer

WTI: What goes up must come down

BLACKBULL:WTI   WTI Light Crude Oil
Lets keep it simple:

We've got a complete cycle hitting 16.236 fib (orange count)

We've got complete subwaves hitting their targets w3 (4.236) and w5 (8.236)

We've are about to confirm a break of trend

Whats next?

Expecting to test $72-$76 area either directly (1.618 fib) or after dancing the broken trendline upwards (from here 1.272) for a while but not crossing it and ideally dying when reaching 0.618/0.5 fib ($103.7 / $107.13)

Hold my beer pls

----

No financial advice, do your own research, don't be stupid

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.