CFDs on Crude Oil (WTI)
Short
Updated

USOIL continues ABCDE or going straight up?

288
US followed through on our forecast and now we have 2 options. It may continue going up and this will mean we are likely in a bullish trend to 60+ or it may decline to complete ABCDE as indicated in grey font.

I am opening a short position now with tight stops above (C). I have not decided yet how to play long in case we are in the bullish scenario.
Order cancelled
ok seem slike we're in a bullish scenario. This means we need to wait for 1 wave to form and enter at pullback.

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