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financialflagship

US OIL (WTI/USD) – Week 44 – Messy move.

Short
U.S. DOLLAR / WTI CRUDE OIL (FX_IDC:USDWTI)  
financialflagship  
FX_IDC:USDWTI   U.S. DOLLAR / WTI CRUDE OIL
Trend Analysis Chart Patterns Wave Analysis Crude Oil WTI WTI DXY tradeidea Forex Commodities
16
7
trendanalysis chartpattern waveanalysis usoil wti dxy tradeidea forex commodities
Last week, we correctly forecasted US Crude OIL to enter a bearish phase that will act as a consolidation.
For next week, we expect the price to continue the correction, having a chance to reach the support area that we highlighted.
Trade with care.

Best regards,
Financial Flagship

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.

Idee correlate

financialflagship
US OIL (WTI/USD) – Week 46 – $77 here we come.
financialflagship
US OIL (WTI/USD) – Week 45 – Bearish momentum to increase.
financialflagship
US OIL (WTI/USD) – Week 44 – Starting to lose momentum?
financialflagship
US OIL (WTI/USD) – Week 42 – Expecting a pullback.
financialflagship
US OIL (WTI/USD) – Week 41 – Solid uptrend.
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