Muzoeph

Possible Wave 4 formation

Muzoeph Updated   
NYMEX:CL1!   Light Crude Oil Futures
if price dips below the Supply/Resistance zone we can look to enter short into the demand/support zone.. price might possibly reverse n' head to wave 5
Trade active:
starting to go to wave 4
Trade active:
looks like wave four is still in play.. we enter at the break of the demand zone
Trade active:
price breaks down the demand take profit at the next demand.. somewhere the $48 - $50.2 level.
Trade active:
price seems to be consolidating, this might be a sign of a breakout either up or down..
Trade active:
price looks to start climbing! we can buy after it breaks the supply or resistance zone above
Comment:
price looks to start climbing

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