FocusedFortuneFX

FocusedFortuneFX oil update 4h

Long
TVC:USOIL   CFDs on WTI Crude Oil
here we can see the reason quite clearly, we have a counter trend line thats formed with us getting a touch, with rejection. This fall hand and hand with the gap on the market which we are approaching on the smaller time frame, as we approach that area we suspect alot of profit taking (charges increasing/swaps) and we will see a small shift to bearish momentum (down) which we are suspecting to touch around 36-37 with another chance to get in, bearing in mind that we are within a corrective phase, (wave 4 major) and as you see on he four hor we completed major wave 5 and have started in corrective pattern in align with the outer structure
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