wtiusd

UnknownUnicorn216273

WTIUSD / USOIL / CL1! /CL2! / * PATTERN Ascending Triangle *Elliott wave Corrective wave ABC => Corrective wave Elliott wave5 (ABCDE) *Hamonic pattern Gartley *UPtrend! CL1! CL2! USOIL WTIUSD

UnknownUnicorn216273

WTI/CL1! Motive wave Elliott wave 5 Basic Fractal pattern Impulse wave 53.05 => Leading Diagonal pattern Channel Breakout 49.90 Corrective wave ZigZag pattern (ABC) & Double Top Head and Shoulders pattern (Right Shouler) neck line 49.90 zig zag pattern Fib= 50% C wave 49.40 TVC:USOIL CL1! CL2! FOREXCOM:WTIUSD

SharkbaitAl Updated 

For this pattern to complete the price will have broke the downtrend line so watch out for any bullish signals near the D point.

SharkbaitAl Updated 

I am looking forward to seeing how this idea/trade pans out. If today's bearish momentum continues but slows I will be looking to buy within the zone designated by the rectangle on the chart. This zone is: Completion of Bullish AB=CD pattern Structure to the left If crude oil makes it to the completion point RSI will likely be oversold On the longer time...