CFDs on WTI Crude Oil
Updated

Oil rebound and what to expect now

683
Hello there,
just a quick review for WTI situation.


From a mid term perspective WTI looks topping out and forming double top with possible 5th wave extension in rising wedge to extend the forming bearish divergence extension as well.

I´m personally expecting a pull back in upcoming days but overally WTI from a long term looks very bullish. ( I will add in update why I think so)

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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
Note
Monthly is showing huge bullish divergence snapshot
Trade active
snapshot
Trade active
End of W5 getting closer and extended bearish divergence is appearing. Adding on Shorts snapshot
Note
Gap got filled. Adding more snapshot

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