Crude oil (WTI): Get ready for a meltdown

Target on chart, you can see how the different time at mode signals work together to give us a good idea of where price is headed.
I'll place my short orders now, hopefully I get a fill before it's too late. A retracement here would be terrific.
Good luck,
Ivan.

Kommentar:

I had gotten out of this short at 39 and flipped long.
Then closed longs at 44. Didn't expect such a large rally!
Interestingly enough, price stopped back at the downtrend mode, see?
If it breaks up, it has legs to hit 53-56.